date:Jun 18, 2013
ces familiar with the matter.
Del Monte has appointed Centerview Partners and Morgan Stanley to assist in the sale of the business, the sources said.
The process would fetch the company about $2bn and will allow it to focus solely on its pet food business which includes brands such as Milk-Bone and Kibbles 'n Bits.
In May this year, Del Monte entered into a merger agreement with Natural Balance Pet Foods, a manufacturer of pet food for dogs and cats sold throughout North America, Europe and A