BRIEF-Del Monte Pacific Announces Proposed Sale Of 363.7 Mln Shares Of Del Monte Philippines

Jan 24 (Reuters) - Del Monte Pacific Ltd:

* DEL MONTE PACIFIC - CO, CENTRAL AMERICAN RESOURCES, DEL MONTE PHILIPPINES ENTER AGREEMENT WITH SEA DINER HOLDINGS

* DEL MONTE PACIFIC- AGGREGATE CONSIDERATION FOR PROPOSED SALE IS US$130 MILLION

* DEL MONTE PACIFIC - AGREEMENT FOR PROPOSED SALE OF 363.7 MILLION SHARES OF DEL MONTE PHILIPPINES

* DEL MONTE PACIFIC LTD- NET CASH PROCEEDS FROM PROPOSED SALE ABOUT S$155.5 MILLION

* DEL MONTE PACIFIC LTD - FUNDS RAISED FROM SALE WILL BE USED FOR CAPITAL RESTRUCTURING PLANS Source text for Eikon: Further company coverage: