Lamb Weston Holdings, Inc. (NYSE:LW) acquired an additional 40% stake in Lamb Weston Alimentos Modernos S.A. from Sociedad Comercial del Plata S.A. (BASE:COME) on July 5, 2022. Prior to transaction both Lamb and SCP held 50% stake each. Post transaction Lamb will hold 90% stake and SCP will hold 10% stake. Lamb Weston could buy the remaining 10% from SCP for $10.50 million anytime after July 2025.

Lamb Weston Holdings, Inc. (NYSE:LW) completed the acquisition of an additional 40% stake in Lamb Weston Alimentos Modernos S.A. from Sociedad Comercial del Plata S.A. (BASE:COME) for $42 million on July 5, 2022.