UPL's Brazil co to sell assets of Serra Bonita

Advanta Comercio de Sementes (Advanta Brazil), a UPL Group company, has announced the sale of all assets of its Brazilian associate, Serra Bonita Sementes SA, for $125 million. This strategic move aims to optimize UPL's asset portfolio and unlock value. The sale proceeds will be disbursed to Serra Bonita's shareholders in the coming months.