The CEO of India’s second largest tractor manufacturer, TAFE (Tractor and Farm Equipment Ltd.), who is AGCO’s largest shareholder, has reached an agreement with AGCO that would limit her stake in the world’s third largest ag equipment maker.
According to a September 3 report in the Atlanta Business Chronicle, as of August 29, when AGCO reached an agreement with Mallika Srinivasan, CEO of TAFE, she owned an estimated 8 million shares, or 8.6%, of…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
