Notice of Sale of Farmland in Brazil and Dissolution of a Specified Subsidiary
Japan, March 17 -- Mitsui & Co., Ltd. ("Mitsui") decided on March 14 (Brazil time) to sell all of the farmland owned by AGRICOLA XINGU S.A. ("XSA"), a wholly owned subsidiary of XINGU AGRI AG ("XAAG"), which is a wholly owned subsidiary of Mitsui, and has signed a sale and purchase agreement with a wholly owned subsidiary of SLC Agricola S.A. ("SLC"), a listed company in Brazil. Mitsui has also decided that, pending certain proceedings, both XAAG and XSA shall be dissolved and liquidated, and that XAAG will no longer be designated as a specified subsidiary of Mitsui.1. Overview of the owned farmland(1) Location 1. Tabuleiro IV farmland, Bahia State2. Minas Gerais farmland, Minas Gerais State(2) Area 1. 39,987ha2. 7,835ha2. Overview of the s...
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