Adecoagro
From Taighde
Adecoagro is a agricultural production and renewable energy company based in Luxembourg. The company primarily operates in South America and is expected to be listed in the 1st quarter of 2011.
Al Gharrafa Investment, a unit of Qatar Holdings, currently holds a large stake in the company. It held a 6.5% stake in Adecoagro before their IPO. Qatar Holdings increased their stake by taking 25% of IPO shares. Qatar Holding most likely paid $80 million for the shares.[1] It had agreed to only icrease their stake by $100 million if Adecoagro's IPO raised more than $400 million but Qatar Holdings went ahead and made the investments.[2]
