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business16h ago
Adecoagro announces submission of binding offer to acquire remaining 50% of Profertil
- Adecoagro submitted a binding offer to acquire the remaining 50% stake in Profertil, seeking full ownership.
- The move aims to consolidate Adecoagro’s control over Profertil and strengthen its agricultural inputs footprint.
- Terms and timing of the offer were not disclosed in the initial disclosure.
- The announcement signals ongoing strategic efforts by Adecoagro in the fertilizer and agribusiness space.
- Regulatory and contractual processes are expected to govern the completion of the transaction.
- No further public comments were provided at the time of the announcement.
- Potential impact includes full ownership of Profertil and possible strategic benefits for Adecoagro.
- The transaction would affect Adecoagro’s portfolio in the agricultural sector.
- Profertil’s ownership structure would shift toward complete control by Adecoagro if approved.
- The market reaction and potential timing remain uncertain pending disclosures.
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