Hedge Fund-Backed Farm Group Tejar Weighs U.S. IPO
Thursday, March 11, 2010 : PermalinkBloomberg – El Tejar SA, Argentina’s largest agricultural producer, is weighing an initial public offering in New York to tap rising investor demand for farming assets.
The closely held grain and oilseed grower, backed by London-based hedge fund Altima Partners LLP and private equity firm Capital Group Companies, plans to become a public company within three years and will also consider selling shares in Sao Paulo, Chief Executive Officer Oscar Alvarado said yesterday in an interview.
