Tether acquires 70% stake in South American sustainable production company Adecoagro
According to official news, Tether announced the acquisition of 70% of the shares of South American sustainable production company Adecoagro. After the acquisition is completed, there will be significant adjustments to the Adecoagro board of directors.
The cooperation between Tether and Adecoagro began in September 2024, when Tether invested $100 million to acquire 9.8% of Adecoagro's shares.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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