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Tether Made 'Unsolicited' Bid for Majority Stake in $1B LatAm Agribusiness Adecoagro

CoinDesk LogoCoinDesk3d ago

Tether Made 'Unsolicited' Bid for Majority Stake in $1B LatAm Agribusiness Adecoagro - CoinDesk

Quick Summary:

Adecoagro owns farmland and industrial facilities across Argentina, Brazil and Uruguay.

The stablecoin issuer said it raked in $13 billion in net profits last year.

Adecoagro's shares jumped 8% premarket to $10.48 in premarket trading in New York.

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Tether Made 'Unsolicited' Bid for Majority Stake in $1B LatAm Agribusiness Adecoagro - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Krisztian Sandor

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 13:48:51 (3 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 164 words

Reading Time: 1 minutes read

Sentences: 23 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 26254270

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About CoinDesk

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Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 21 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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The story "Tether Made 'Unsolicited' Bid for Majority Stake in $1B LatAm Agribusiness Adecoagro" was covered 3 days ago by CoinDesk, a news publisher based in United States.

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  • News ID: #26254270
  • URL: https://chronographically.beamstart.com/news/tether-made-unsolicited-bid-for-17398884051563

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