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AGCO Announces Definitive Agreement To Sell Its Grain & Protein Business In An All-Cash Transaction Valued At $700M

Author: Benzinga Newsdesk | July 25, 2024 09:03am

AGCO Corporation (NYSE:AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced it has entered into a definitive agreement to sell the majority of its Grain & Protein business to American Industrial Partners ("AIP") in an all-cash transaction valued at $700 million, subject to working capital and other customary closing adjustments.

Posted In: AGCO


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