UPDATE 1-Agco to offer 12.8 mln shares of common stock

Newswire

(Adds details) CHICAGO, March 24 (Reuters) - Tractor maker Agco Corp. said on Wednesday it would offer 12.8 million shares of common stock to help pay for part of the acquisition of Finnish tractor maker Valtra that it completed in January. Agco, based in Duluth, Georgia, said it expects to grant the underwriters an option to buy up to another 1.92 million shares of common stock to cover over allotments. The offering is expected to be priced during the week of March 29, it said. The ...

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