AGCO Corporation has announced the extension of its Letter Agreement with Tractors and Farm Equipment Limited (TAFE) through a fourth amendment. Initially set to expire on July 15, 2025, the agreement will now remain effective until November 28, 2025, or until the completion of certain escrow arrangements related to the Buyback Agreement, whichever comes first. This extension aims to ensure the successful implementation of previously disclosed settlement agreements between the parties, addressing outstanding issues. The amendment to the agreement underscores AGCO's commitment to maintaining its collaborative efforts with TAFE.
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