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TAFE Buys Back AGCO Stake for $260 Million, Ends 15-Month Dispute

  • TAFE will buy back AGCO Corporation's 20.7% stake for $260 million, making TAFE a wholly-owned subsidiary of the Amalgamations Group.
  • TAFE will own the Massey Ferguson brand exclusively in India, Nepal, and Bhutan, including all related trademarks and goodwill.
  • TAFE will continue to support AGCO by voting for all recommendations from AGCO's Board of Directors while retaining a 16.3% share in AGCO.
  • Mallika Srinivasan stated TAFE is committed to transforming Indian agriculture and cherishing its long partnership with AGCO.
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krishijagran.com broke the news in on Tuesday, July 1, 2025.
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