AGCO Corporation Completes Sale of TAFE Stake for $260 Million

Reuters
10/01
AGCO Corporation Completes Sale of TAFE Stake for $260 Million

AGCO Corporation announced the completion of the sale of its ownership interest in Tractors and Farm Equipment Limited (TAFE) for a total of $260 million. The company stated that after-tax proceeds from the transaction amount to approximately $230 million. AGCO confirmed that the sale was finalized on September 30, 2025, and that several previously disclosed agreements with TAFE became effective as part of the process. The company also noted that a Letter Agreement between AGCO and TAFE, originally dated April 24, 2019, expired following the completion of the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AGCO Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: CL86110) on September 30, 2025, and is solely responsible for the information contained therein.

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