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Stock impact report

Green Plains completes the sale of 50% of Green Plains Cattle Company for $77 Million to AGR Partners TGAM Agribusiness Fund Holdings-B LP and StepStone Atlantic Fund LP

Green Plains, Inc. (GPRE) 
Last green plains, inc. earnings: 2/10 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.gpreinc.com
Company Research Source: GlobeNewswire
OMAHA, Neb., Sept. 09, 2019 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) and a group of investment funds that include AGR Partners, StepStone Group, and several of their respective affiliates, today announced that they have formed a joint venture to own and operate Green Plains Cattle Company LLC. As a part of the joint venture, these investment funds have purchased 50% of the membership interests of Green Plains Cattle Company from Green Plains Inc. for approximately $77 million plus closing adjustments. The transaction was signed on September 6, 2019 with an effective date of September 1, 2019. “We are excited about completing this transaction and the quality of investment partners who have aligned with us for the continued growth of Green Plains Cattle Company. This further validates the quality of the business we have built over the last several years, and allows us to form new relationships with long term investors,” said Todd Becker, president and chief executive offic Show less Read more
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