Tether Seeks Majority Stake in Adecoagro with 51% Acquisition Proposal

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February 19, 2025 by

  • Tether proposes acquiring 51% of Adecoagro at $12.41 per share, a 26.65% premium.
  • Tether holds 19.4% of Adecoagro and seeks to become the majority shareholder.
  • Adecoagro operates across Brazil, Argentina, and Uruguay, managing over 210,000 hectares.

Tether Inc., the company behind USDt stablecoins, has proposed to acquire a majority ownership share of Latin American agribusiness and energy firm Adecoagro. Through its subsidiary Tether Investments the company seeks to boost its ownership share in Adecoagro from 19.4% to 51%. 

Tether proposed to acquire Adecoagro’s remaining common stock at $12.41 per share while the market value stood at $9.79. The company is diversifying its investment portfolio through this potential acquisition, which is among its stablecoin operations expansion plans. The company demonstrates increasing engagement with Latin American agricultural and energy sectors through its substantial stake in Adecoagro, which exceeds 19.4%..

Adecoagro has become a vital agricultural entity throughout Argentina, Brazil and Uruguay. The firm operates in business sectors such as crop production and renewable energy operations.

Board of Adecoagro Reviews Tether’s Proposal

Adecoagro’s board of directors assembled for a meeting on February 16, 2025, to assess the Tether offer. After the board conference they brought in legal advisors and financial experts for a complete assessment of the proposal’s implications. The company advises shareholders to avoid taking action until an official assessment of the proposal is finished. 

The review process will determine if accepting the proposal provides the best benefits for Adecoagro’s shareholder base. Approval of this offer between the entities would give Tether full control over Adecoagro thus expanding its capabilities in agricultural production and renewable energy operations. The agricultural and renewable energy operations of Adecoagro span more than 210,000 hectares and produce large volumes from farming activities. The growing Adecoagro investments of the company indicate a strategic change towards expanding its holdings into markets that extend beyond stablecoins.

Tether’s Diversified Investment Strategy and Future Plans

The agreement for Tether to gain control over Adecoagro fits the company’s current investment strategy which extends into Bitcoin mining alongside professional sports ventures. Days before the Adecoagro proposal, the company attracted media attention by investing $100 million into the Italian football club Juventus. The company operates as part of a comprehensive strategic initiative to grow into new sectors, such as sports and energy, while building a diversified business.

Tether achieved a record revenue performance during 2024, generating a $13 billion profit before closing its deal for acquisition. In early 2025, the company’s stablecoin USDT continued as the dominant global project, keeping its market capitalization at a value higher than $140 billion. Despite market competition from stablecoins, the company maintains its leading position in the global financial domain because of its continued profitability and purposeful investments.

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