A crypto giant launches an offer to take control of one of Argentina’s main agricultural

Adecoagro is the owner of the milk brands The three girls, apostles and Angelite and rice and cookies Molinos Ala among others. He was born in Argentina in 2002, by the hand of a group of entrepreneurs led by Mariano Bosch, And he was buying land and expanding his business until he had today 210,400 hectares and plants in Argentina, Brazil and Uruguay, where it produces more than 2.8 million tons of agricultural products and more than 1 million MWh of renewable energy.

Now, the company announced that last Friday its Board of Directors received an uninquented and not binding proposal of Tether Investments S.A. de C.V. to acquire ordinary shares in circulation of the company at a price of $ 12.41 for paper through a public acquisition offer.

If the transaction was completed, Tether – who entered the capital of Adecoagro last year and already has 19.4% of the shares – would control 51%.

“The Board of Directors held a meeting on February 16, 2025 to discuss the terms and conditions of the proposal and decided , Adecoagro reported in a statement.