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USA's PHI to partner with Romania's Maxagro, mulls acquisition

US-based PHI Group, a company focused on acquisitions and investments in natural resources, energy and agriculture, said on Wednesday it will partner with Romania-based Maxagro Group and may acquire a majority stake, seenews.com reads. PHI Group and Maxagro signed a memorandum of understanding to develop an organic farming programme in Timis county, in western Romania, PHI said in a statement. The memorandum also envisages that PHI Group will consider ...

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