AGT Food and Ingredients Inc. Announces Sale of Shortline Rail and Bulk Handling Infrastructure; Partnership with GCM Grosvenor and Mobil Grain Ltd.
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AGT Food and Ingredients Inc. has sold its shortline rail and bulk handling infrastructure, including Mobil Grain Ltd., to GCM Grosvenor. The financial terms of the deal were not disclosed.
November 20, 2024 | 2:15 pm
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GCM Grosvenor has acquired AGT's shortline rail and bulk handling infrastructure, enhancing its Infrastructure Advantage Strategy.
The acquisition of AGT's infrastructure assets by GCM Grosvenor is likely to strengthen GCM's position in the infrastructure sector, potentially leading to positive investor sentiment and a short-term increase in stock price.
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