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.
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