Lindsay Buys Minority Interest in Pessl to Boost AgTech Portfolio
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Lindsay Corporation (LNN) has completed the acquisition of a 49.9% minority interest in Pessl Instruments, enhancing its AgTech portfolio.
January 07, 2025 | 7:00 pm
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Lindsay Corporation has acquired a 49.9% minority interest in Pessl Instruments, which is expected to strengthen its AgTech portfolio.
The acquisition of a significant minority interest in Pessl Instruments is likely to enhance Lindsay's AgTech portfolio, potentially leading to positive investor sentiment and a short-term increase in stock price.
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