A tender offer from Tether Investments at $12.41 per share has broken a recent downtrend in the share price, but it remains to be seen how Adecoagro's board will respond. The core SEE operations have seen increased pressure from weaker sugar prices, and while ethanol demand has picked up, pricing is still comparatively weak. Adecoagro has been expanding its farming operations, and could be poised to benefit from both lower export taxes in Argentina and increased trade frictions between the U.S. and the world.
Adecoagro (AGRO) closed at $10.81 on the most recent trading day, showing an increase of 1.12% from its previous closing price.
Adecoagro (AGRO) closed the most recent trading day at $10.74, moving +0.66% from the previous trading session.
Adecoagro (AGRO) reachead $10.79 at the closing of the latest trading day, reflecting a +0.56% change compared to its last close.
LUXEMBOURG , Feb. 18, 2025 /PRNewswire/ -- Adecoagro S.A. (NYSE: AGRO) (the "Company"), a leading sustainable production company in South America, announces its Board of Directors received an unsolicited non-binding proposal from Tether Investments S.A.
Adecoagro (AGRO) closed at $9.75 on the most recent trading day, showing an increase of 1.04% from its previous closing price.
Adecoagro (AGRO) reachead $9.75 at the closing of the latest trading day, reflecting a +1.04% change compared to its last close.
Adecoagro (AGRO) reachead $9.54 at the closing of the latest trading day, reflecting a -1.95% change compared to its last close.
Adecoagro (AGRO) closed the most recent trading day at $9.49, moving +0.32% from the previous trading session.
Archer Daniels, Adecoagro, Mission Produce, Calavo Growers and Alico have been highlighted in this Industry Outlook article.