Tafe and agco reach comprehensive settlement covering brand rights, commercials and shareholding

Chennai, india--(business wire)--tractors and farm equipment limited (“tafe”), one of the world's largest manufacturers of tractors and farm equipment, announced today that a comprehensive settlement and resolution has been reached with agco corporation (nyse: agco) (“agco”) on all matters relating to brand, commercial issues and shareholding. the settlement encompasses the following key features: ownership of massey ferguson brand will rest with tafe as the sole and exclusive owner for india,.
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