CONJUANGCO-LED Central Azucarera de Tarlac Inc. has acquired Agrikulto Inc. for P65.6 million to expand its inventory of sugar farmlands and raise its milling input.
In a disclosure to the Philippine Stock Exchange, Central Azucarera said its board of directors approved the acquisition of 100 percent of Agrikulto, which entails 50,000 common shares at P1,311.99 per share.
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