Tether completes tender offer to acquire controlling stake in Adecoagro
2025-04-25 13:01:31
According to official news, Tether Investments announced that its tender offer for the common shares of agricultural company Adecoagro S.A. (NYSE: AGRO) has been completed. Tether has successfully acquired 49,596,510 common shares of the company at a price of $12.41 per share, representing 70% of Adecoagro's outstanding shares. Due to the oversubscription of this offer, Tether will place the effectively submitted shares at a ratio of approximately 73.9%. This transaction gives Tether a controlling stake in Adecoagro, marking its further layout in the field of physical assets.
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