Tether Completes Tender Offer for Adecoagro Shares, Gains Controlling Interest

According to official news, Tether Investments announced the completion of its tender offer for common shares of the agricultural company Adecoagro S.A. (NYSE: AGRO). Tether successfully acquired 49,596,510 common shares of the company at a price of $12.41 per share, representing 70% of Adecoagro's issued shares. Due to the oversubscription of the offer, Tether will allocate the effectively tendered shares on a pro-rata basis of approximately 73.9%. This transaction grants Tether controlling interest in Adecoagro, marking its further expansion into the field of physical assets.