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Announced

Limagrain to acquire the remaining 28% stake in Vilmorin & Cie for €1.43bn.

Synopsis

Limagrain, an international agricultural co-operative group, specialized in field seeds, vegetable seeds and cereal products, agreed to acquire the remaining 28% stake in Vilmorin & Cie, a French seed producer, for €1.43bn. "The goal of this delisting initiative is to provide Limagrain with greater freedom in its strategic decisions,” Sébastien Chauffaut, Limagrain CEO.

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