Ok, apparently this bankruptcy is devastating to US farmers, but in a global context, it's local US shenanigans.
ibtimes.co.uk/del-monte-files-β¦
"Del Monte Pacific Ltd.'s American arm, Del Monte Foods Holdings Ltd. (DMFHL), has filed for bankruptcy."
"Del Monte clarified that the bankruptcy filing in the US will not impact its other businesses in the Philippines or other international markets. The company reassured consumers that its Asian and international operations remain strong."
My off-brand Maggi surrogate seems safe for now.
This is complex. So Del Monte Foods has been owned by an Indian group, but in 2007 was partially acquired by its own Singaporean subsidiary, which is the Del Monte Pacific Ltd mentioned above.