Tether Holdings Acquires 74.8% Stake in Adecoagro S.A.
This filing details an amendment to a Schedule 13D, marking an increase in ownership for Tether Holdings, S.A. de C.V. (now known as Tether Global Investments Fund, S.I.C.A.F., S.A.) in Adecoagro S.A. The transaction involved a transfer of 105,880,368 common shares of Adecoagro S.A. from Tether Investments to Tether International, S.A. de C.V. This transfer did not alter the aggregate beneficial ownership of the reporting persons, who collectively hold 105,880,368 common shares, representing 74.8% of the outstanding shares. The filing also discloses past regulatory proceedings involving Tether entities, including settlements with the U.S. Commodity Futures Trading Commission (CFTC) and the Office of the Attorney General of the State of New York (NYAG).