Management said Fresh Del Monte recently received U.S. Bankruptcy Court approval to proceed as the purchaser of the global Del Monte brand and select core assets from California-based Del Monte Foods. Abu-Ghazaleh said the company expects the transaction to close before the end of the first quarter, subject to customary regulatory approvals and remaining closing conditions, including HSR antitrust clearance.Abu-Ghazaleh said these actions helped strengthen the balance sheet, expand margins, and generate cas ...