Mitsui & Co ( (JP:8031) ) has provided an update.
Mitsui & Co., Ltd. has announced the sale of its farmland in Brazil, owned by its subsidiary AGRICOLA XINGU S.A., to SLC Agrícola S.A., a Brazilian agriculture company. The transaction, valued at approximately JPY 23.7 billion, involves the dissolution of Mitsui’s specified subsidiary, XINGU AGRI AG, marking a strategic shift in Mitsui’s agricultural investments and potentially impacting its market positioning in the agriculture sector.
More about Mitsui & Co
Mitsui & Co., Ltd. is a major Japanese company engaged in a wide range of industries, including infrastructure, energy, and agriculture. It operates globally, providing investment and development services across various sectors.
YTD Price Performance: -16.40%
Average Trading Volume: 10,284
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $53.05B
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