Adecoagro SA ( (AGRO) ) has provided an announcement.
On March 17, 2025, Adecoagro S.A. announced ongoing discussions with Tether Investments S.A. de C.V. regarding Tether’s proposal to acquire 51% of Adecoagro’s outstanding Common Shares at $12.41 per share. The expiration date for the Exclusivity Letter has been extended to March 30, 2025. While no definitive agreement has been reached, Adecoagro’s Board and management are focused on enhancing shareholder value. 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 multiple industrial facilities in 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: 12.85%
Average Trading Volume: 586,031
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.12B
See more data about AGRO stock on TipRanks’ Stock Analysis page.