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Upl'S Advanta Seeds And Bunge Announce Intention To Acquire A Combined 40% Stake In Seedcorp|Ho

PRIVATENov 16, 2022

Acquiring Company

Advanta

Acquired Company

A STAKE IN SEEDCORP|HO

ChesterfieldAgriculture and FarmingFarmingFood and BeverageAgriculture and Farming

Description

UPL Ltd. (NSE: UPL & BSE: 512070 LSE: UPLL) ('UPL'), a global provider of sustainable agricultural solutions, today announced that its company, Advanta Seeds UK, and Bunge (NYSE: BG) have signed an agreement to acquire a 20% stake each in SEEDCORP|HO.

Quick answer

Advanta and Bunge Global Group are acquiring A STAKE IN SEEDCORP|HO, announced November 16, 2022.

How much did Advanta pay for A STAKE IN SEEDCORP|HO?
The deal value was not disclosed.
What does Advanta do?
Advanta is a global seed business adapting to rapidly increasing food insecurity and climate change by providing farmers with innovation and new technologies.

Source: Fundz verified event record.

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Company Information

Company

Advanta

About

Advanta is a global seed business adapting to rapidly increasing food insecurity and climate change by providing farmers with innovation and new technologies. As part of UPL Group, Advanta aims to deliver high quality seeds with excellent agronomic practices and crop protection solutions. Advanta operates in over 80 countries under global brands of Advanta, Alta and Pacific Seeds. Advanta holds a leadership position in tropical and sub-tropical geographies in corn, grain and forage sorghum, sunflower, canola, rice, and a variety of vegetables. With over 60 years' experience in plant genetics, Advanta provides seeds technology that ensures crop performance and farmers prosperity.

Company

Bunge Global Group

Location

1391 Timberlake Manor Parkway

Chesterfield, Missouri, United States

About

Bunge Global Group Inc. is a leading agribusiness and food company. It operates in the merchandising and processing of grain and oilseed. The company has a significant presence in global food supply chains and commodity trading. Bunge aims to maintain a balanced portfolio across various agricultural products.

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Frequently asked

Who acquired A STAKE IN SEEDCORP|HO?

A STAKE IN SEEDCORP|HO was acquired by Advanta. The deal was reported on November 16, 2022. Advanta is a global seed business adapting to rapidly increasing food insecurity and climate change by providing farmers with innovation and new technologies. Advanta is privately held and operates in Agriculture and Farming.

When did Advanta acquire A STAKE IN SEEDCORP|HO?

Advanta's acquisition of A STAKE IN SEEDCORP|HO was reported on November 16, 2022. UPL Ltd. (NSE: UPL & BSE: 512070 LSE: UPLL) ('UPL'), a global provider of sustainable agricultural solutions, today announced that its company, Advanta Seeds UK, and Bunge (NYSE: BG) have signed an agreement to acquire a 20% stake each in SEEDCORP|HO. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does A STAKE IN SEEDCORP|HO do?

A STAKE IN SEEDCORP|HO is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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