Agriculture
Adecoagro Completes $1.1B Profertil Acquisition, Becomes 90% Owner of Major Urea Producer
Adecoagro (NASDAQ:AGRO) finalized the purchase of YPF’s 50% stake in Profertil for approximately $1.1 billion, securing a 90% controlling interest in South America’s largest granular urea producer, and is projected to nearly double its Adjusted EBITDA.