Big news in the world of business and cryptocurrency! A company that uses Tether (a type of cryptocurrency) wants to buy a big part of a South American farming company called Adecoagro. This is a surprising move that could change things for both companies.
- Tether wants to own more than half of Adecoagro.
- They offered $12.41 per share to buy a 51% stake.
- Adecoagro's board is carefully considering the offer.
- Adecoagro grows crops like soybeans, corn, and rice in South America.
Fact | Details |
---|---|
Offer Price | $12.41 per share |
Tether's Current Stake | 19.4% |
Target Stake | 51% |