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India's "Tractor Queen" buys another $18M of AGCO shares

2015-04-21 20:43:38| Industrial Machines - Topix.net

One of the best known women entrepreneurs in India is once again plowing millions of dollars into the stock of U.S. agricultural equipment maker AGCO Corp. Mallika Srinivasan , who Forbes described in 2012 as " the tractor queen " of India, has in recent weeks bought nearly 400,000 shares of AGCO at a total cost of $18.6 million . Based in Duluth, Ga., AGCO is one of the United States' largest agricultural equipment companies, with 2014 sales of $9.7 billion.

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