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Articles from Tractors and Farm Equipment Limited

TAFE Urges AGCO to Address Critical Questions Regarding its Strategic Priorities During 2024 Analyst Day
Tractors and Farm Equipment Limited (together with certain of its affiliates, “TAFE” or “we”) is the largest shareholder of AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) with a 16.3% long-term, strategic equity stake in the Company.
By Tractors and Farm Equipment Limited · Via Business Wire · December 19, 2024
TAFE Submits Proposal to Separate Board Chair and CEO Roles at AGCO’s 2025 Annual Meeting
Tractors and Farm Equipment Limited (together with certain of its affiliates, “TAFE” or “we”), is the largest shareholder of AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) with a 16.3% long-term strategic ownership interest in the Company. Today, TAFE announced that it has submitted a 14a-8 shareholder proposal for inclusion in the Company’s proxy statement for its 2025 Annual Meeting of Shareholders to request that the Company adopt a policy requiring that AGCO’s Chair of the Board of Directors (the “Board”) be an independent director.
By Tractors and Farm Equipment Limited · Via Business Wire · November 25, 2024
Leading Tractor Major TAFE Expands Global Reach With New Subsidiary In Mexico
Tractors and Farm Equipment Limited (“TAFE”), one of the largest tractor manufacturers in the world, established in 1960, and the second largest in India, has decided to open a subsidiary in Mexico to better support the large customer base. Business operations are expected to commence in January 2025, and TAFE is currently engaged in discussions with various agencies including interested parties for association.
TAFE Asserts Rightful Ownership of Massey Ferguson Brand in India and Files Contempt of Court Petition Against AGCO
Tractors and Farm Equipment Limited (“TAFE” or “we”) today announced that it has filed a contempt petition against AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) for violating an interim status quo order from the Commercial Court in Chennai by attempting to terminate TAFE’s right to use the Massey Ferguson brand in India. TAFE’s case regarding its ownership of the Massey Ferguson brand is ongoing in the Madras High Court.
TAFE Issues Letter to AGCO Shareholders Outlining Opportunities for Improved Corporate Governance and Enhanced Value Creation
Tractors and Farm Equipment Limited (together with certain of its affiliates, “TAFE” or “we”), is the largest shareholder of AGCO Corporation (NYSEAGCO) (“AGCO” or the “Company”) with a 16.3% long-term strategic ownership interest in the Company. Today, TAFE issued the following open letter to its fellow shareholders.
By Tractors and Farm Equipment Limited · Via Business Wire · September 30, 2024