# Kubota to acquire AgJunction for CAD $91 million

Kubota Corporation will acquire AgJunction Inc. for CAD $0.75 per share in an all-cash deal valued at approximately CAD $91 million. The transaction is expected to be completed by way of a plan of arrangement.

- Type: Acquisition
- Announced: 2021-10-07
- Where: Scottsdale, Arizona, United States
- Value: $72.0M (91.0M CAD)
- Status: announced
- Products: guidance systems, autosteering solutions, autonomy solutions for precision agriculture
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Kubota](https://endata.com/companies/5208.md) (acquirer)
- [AgJunction Inc.](https://endata.com/companies/56506.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/10/08/2310909/0/en/agjunction-enters-into-arrangement-agreement-to-be-acquired-by-kubota-corporation-for-cad-0-75-per-share-in-all-cash-deal.html), 2021-10-08: "We are pleased to announce this Transaction, which offers our shareholders a compelling opportunity to monetize their investment at an attractive valuation and significant premium to the current and historical trading price of the AgJunction shares."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.