Del Monte Pacific Limited said it received notice that on 20 February 2026 (U.S. time) the U.S. Bankruptcy Court for the District of New Jersey approved a settlement among the debtors, certain lender groups, the unsecured creditors’ committee and other stakeholders, and also approved the sale of substantially all operating assets of relevant debtor entities under section 363. The company said the settlement is expected to be implemented through a proposed Chapter 11 plan that still requires court confirmation and other customary conditions, with no assurance it will be confirmed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Del Monte Pacific Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: V4JTDHHAITBW1UC0) on February 24, 2026, and is solely responsible for the information contained therein.