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AgroGeneration’s Major Stake Acquired by NOVAAGRO
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AgroGeneration’s Major Stake Acquired by NOVAAGRO

AgroGeneration SA (FR:ALAGR) has released an update.

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Konkur Investments Limited has finalized the sale of its 56.90% stake in AgroGeneration to Ukrainian company NOVAAGRO, following approval from the Ukrainian Antimonopoly Committee and securing necessary financing. This transaction highlights NOVAAGRO’s strategic expansion in the agro-industrial sector, despite challenges posed by geopolitical tensions affecting currency operations. AgroGeneration, a key player in grain and oilseed production, operates extensively across eastern Ukraine.

For further insights into FR:ALAGR stock, check out TipRanks’ Stock Analysis page.

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