BF International signs agreements to acquire controlling stake in Diagram
Bitget2026/10/16 20:18- BF subsidiary BF International signed binding agreements to acquire sole control of agricultural technology provider Diagram, in which it owns 15%.
- The buyer will acquire Triagri, which holds 41.6% of Diagram, for approximately EUR 221 million, subject to adjustments.
- A further 0.67% will be purchased from CDP Equity for approximately EUR 3.7 million at closing, expected by December 31, 2026.
- Options cover another 22.9% for approximately EUR 125 million and 18% for EUR 98 million, each carrying a 7% compound annual return.
- Option purchases run through February 1, 2029; closing remains subject to regulatory approvals and financing consents.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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