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AGRI - AgriFORCE up 3% not looking for Delphy Group BV acquisition
AgriFORCE Growing Systems Ltd.
2023-06-02 07:31:22 ET
An IP-focused agtech company, AgriFORCE Growing Systems ( NASDAQ: AGRI ) ends efforts to acquire Delphy Group BV., a agriculture and horticulture consulting firm based in the Netherlands.
The decision follows extensive due diligence, as well as careful evaluation of projections and market conditions.
It is progressing with alternative M&A transactions which are expected to be highly synergistic and accretive.
AGRI stock climbs 2.6% during pre-market on Friday.