An announcement from Adecoagro SA ( (AGRO) ) is now available.
Adecoagro S.A. announced on February 25, 2025, that it is in discussions with Tether Investments S.A. de C.V. regarding a proposal for Tether to acquire 51% of Adecoagro’s outstanding Common Shares at $12.41 per share through a tender offer. The company has signed an Exclusivity Letter to facilitate further negotiations, although there is no assurance of a definitive agreement. This move reflects Adecoagro’s commitment to enhancing shareholder value, but shareholders are not required to take any action at this time.
More about Adecoagro SA
Adecoagro S.A. is a leading sustainable production company in South America, owning 210.4 thousand hectares of farmland and several industrial facilities across Argentina, Brazil, and Uruguay. The company produces over 2.8 million tons of agricultural products and more than 1 million MWh of renewable electricity.
YTD Price Performance: 10.87%
Average Trading Volume: 532,495
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.1B
Learn more about AGRO stock on TipRanks’ Stock Analysis page.