Edition:
United Kingdom

AGI Announces Platform Acquisition In India


Monday, 11 Mar 2019 

March 11 (Reuters) - Ag Growth International Inc ::AGI ANNOUNCES PLATFORM ACQUISITION IN INDIA.AG GROWTH INTERNATIONAL INC - TRANSACTION WILL BE FUNDED BY AGI'S REVOLVING CREDIT FACILITY.AG GROWTH INTERNATIONAL INC - DEAL FOR $109.5 MILLION, PLUS POTENTIAL FOR UP TO AN ADDITIONAL $38.4 MILLION BASED ON ACHIEVEMENT OF EBITDA TARGETS.AG GROWTH INTERNATIONAL INC - IT HAS ENTERED INTO BINDING PURCHASE AGREEMENTS TO ACQUIRE 100% OF OUTSTANDING SHARES OF MILLTEC MACHINERY LIMITED.AG GROWTH INTERNATIONAL - COMPLETION OF TRANSACTION IS SUBJECT TO CUSTOMARY CONDITIONS PRECEDENT AND IS EXPECTED TO CLOSE PRIOR TO MARCH 31, 2019. 

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