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ARGENTINA 🇦🇷
Tether, a giant in the crypto world, has completed the purchase of 70% of the agro-industrial group Adecoagro for US$615 million. The purchase included 49,596,510 shares at a price of US$12.41 per share. Adecoagro manages 500,000 hectares and has a market valuation of US$1,200-1,400 million. The purchase is considered a significant move for the agricultural sector and the country.
#Tether also showed interest in the company BIOCERES for another possible acquisition in the Argentine field