Thursday, January 31, 2013
Del Monte: joins the Myanmar foray. Launches an exclusive range of international Del Monte pdts incl packaged fruits, tomato ketchup, pasta and spaghetti sauces in the Myanmar market. Del Monte partners with Global Sky Co, based in Yangon to distribute the pdts in Myanmar. By end of the yr, the Del Monte range of pdts will be available in mkts across Myanmar in Yangon, Mandalay and other key cities. The stock trades at 20.2x P/E, 2.7x P/B.