Short Seller Retracts Defamation, Compensates Farmland Partners Multiples of Trading Profits Gained From Attack
By Lynda Kiernan-Stone, Global AgInvesting Media It was back in July 2018 that an anonymous writer using the pen name Rota Fortunae - Latin for 'wheel of fortune' (later revealed to be Quinton Mathews) wrote a defamatory attack against Farmland Partners (FPI) which was published on the financial website Seeking Alpha. This “short an
Read moreMiranda Downs “Under Offer”
By Lynda Kiernan-Stone, Global AgInvesting Media Miranda Downs hasn’t been on the market long. Stanbroke Pastoral Co. owners, the Menegazzo family, placed the property on the market in April with the window for expressions of interest closing on June 3. Located in Normanton, Queensland, Miranda Downs is noted as being exceptional.
Read moreINVL Sustainable Timberland and Farmland Fund II Raises Another EUR 18.5M For EUR 51M Second Close
By Lynda Kiernan-Stone, Global AgInvesting Media GAI News shared the launch of the INVL Sustainable Timberland and Farmland Fund II (STAFF II) by Lithuania’s INVL Asset Management on November 12, 2020. Founded in 1991 as part of the Invalda INVL group, INVL Asset Management has 30 years of experience in managing private equity assets
Read moreGold Miner Pan African Resources Turns to Blueberry Farming
By Lynda Kiernan-Stone, Global AgInvesting Media Are blueberries the new gold? Johannesburg and London-listed gold miner Pan African Resources (PAR) has stated that “desperate” conditions in the local community are driving the company to diversify into blueberry farming as a way to create a parallel economy. “Barberton Mines
Read moreCargill, HELM Partner on $300M JV For First U.S. Commercial Scale BDO Production Facility
By Lynda Kiernan-Stone, Global AgInvesting Media BDO stands for 1,4-butanediol - a key raw material traditionally derived from butane used to manufacture plastics, elastic fibers such as spandex, polyurethane coatings, automotive parts such as bumpers, solvents for printer ink, artificial leathers, and films. Although necessary for the
Read moreOpen Prairie Rural Opportunities Fund Has First Exit With Sale of Legacy Seed Companies
By Lynda Kiernan-Stone, Global AgInvesting Media Open Prairie Rural Opportunities Fund, an $81 million private equity vehicle operating as a USDA-licensed Rural Business Investment Company (RBIC) providing capital for agribusinesses across rural America, has announced its first exit through the sale of Legacy Seed Companies. Upon the fun
Read moreThe Yield Lab Europe Has €50M Second Close For Sustainable Agrifood Tech VC Fund
By Lynda Kiernan, Global AgInvesting Media The Yield Lab Europe announced a second close of nearly €50 million (US$61 million) for its sustainable agrifood tech venture capital fund that included new investors the European Investment Fund through the European Fund for Strategic Investments (EFSI), Invest-NL, Allied Irish Banks, and new fa
Read moreIt’s a Canola Crushing Showdown – Three Major Companies Planning New Plants in Saskatchewan Collectively Valued at More Than $1B
By Lynda Kiernan, Global AgInvesting Media There’s a gold rush underway in Saskatchewan - however, this gold is the golden fields of canola - and it may be due to climbing demand for biofuel, and environmental pressure. In little more than a month, three major companies have announced plans to build massive canola crushing plants in
Read moreTerviva Raises $54M to Commercialize Sustainable Pongamia Oil, Protein, Partners With Danone
By Lynda Kiernan, Global AgInvesting Media California-based agriculture and food company Terviva announced it has raised $54 million in funding to develop and commercialize new-to-market sustainable culinary oil and plant protein from the pongamia tree. Before the close of this quarter, the company expects to raise an additional $24 million
Read moreDanone Finalizes Sale of Nearly $2B Stake in China Mengniu Dairy
By Lynda Kiernan, Global AgInvesting Media Food and beverage giant Danone SA has finalized the sale of its 9.8 percent stake in China Mengniu Dairy Co., a leading Chinese manufacturer and distributor of dairy products, in a deal valued at $1.98 billion based on Mengniu Dairy’s market capitalization of approximately 166 billion Hong Kong d
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