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AGCO Corporation and Trimble closed their $2 billion joint venture transaction, forming PTx Trimble. AGCO acquired an 85% stake and Trimble holds a 15% stake. The joint venture combines Trimble's precision agriculture business and AGCO's JCA Technologies.
“AGCO Corporation and Trimble on Monday announced the closing of their $2 billion joint venture transaction.”dtnpf.com
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