“What attracts us to Del Monte is that a significant portion of its revenues are export driven. Del Monte also has a very strong brand in the Philippines, it's starting in India and has a growing presence in China.”
“It better aligns First Pacific's book values with market values at this point in time, and the more realistic values afford a basis for sensible financial performance measures going forward.”
“Our impression is that it requires a lot of investments in infrastructure. We're not certain if it's best to just buy the assets rather than the company itself, given the history of these companies.”
