Tether invests $100 million in agriculture firm
- Cryptotimes
- 09 September 2024
Tether, the issuer of the world’s largest stablecoin, has invested $100 million to buy a 9.8% stake in Adecoagro, a agro-tech firm in Latin America.
Tether, the issuer of the world’s largest stablecoin, has invested $100 million to buy a 9.8% stake in Adecoagro, a agro-tech firm in Latin America.
Dans une démarche stratégique visant à diversifier ses investissements, Tether, reconnu pour ses performances sur le marché des stablecoins, a annoncé un investissement substantiel dans le secteur agricole.
The firm Adecoagro, the largest producer of raw milk in Argentina, received a loan of US $ 100 million weeks ago from the International Finance Corporation (IFC), which will be used to make investments in the local agri-food sector.
Los asociados de Sancor aprobaron el jueves por unanimidad en una asamblea extraordinaria, la oferta de inversión y asociación presentada por Adecoagro y abrieron la puerta para que la segunda industria láctea del país deje de ser una cooperativa y el 90% de su capital accionario pase a manos privadas.
La cooperativa láctea SanCor aprobó por unanimidad en una asamblea extraordinaria realizada en Sunchales, Santa Fe, la presentación judicial del Acuerdo Preventivo Extrajudicial alcanzado con la empresa Adecoagro.
Établies à Luxembourg, ces sociétés seraient impliquées dans des affaires d’accaparement des terres dans les pays du Sud. L’ASTM exige une riposte.
Adecoagro revealed that executives had been "travelling all around" southern Brazil investigating potential sugar acquisitions, and was mulling growth in the likes of rice, dairy and beef, after slashing its debts in a "milestone" year.
IFC, a member of the World Bank, will provide US$50 million to the Argentine subsidiaries of Adecoagro S.A., a company backed by billionaire George Soros, to support resource-efficient farming and food processing technologies
Bain & Company analysis has identiied four approaches that public companies are taking to invest in agriculture.
Sovereign wealth funds’ appetite for agriculture and fertilizer companies is growing as concerns about stable food supplies rise.
Los Grobo does not own a single shovel or acre. Instead it leases machinery and land from others. This outsourcing model is now used for nearly 60% of farmland in Argentina.
Adecoagro will assist FMN in the management and development of Kaboji Farm, one of the largest commercial farms in Nigeria, comprising 10,000 ha of maize and soybean.
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