3 Feb 2011

Agria increases stake in PGG Wrightson

6:22 am on 3 February 2011

Chinese company Agria has lifted its stake in PGG Wrightson.

Agria recently launched a $141 million takeover bid for 50% control of the rural services firm.

It now has acceptances giving it 38% of the company.

Shares in PGG Wrightson fell 1 cent on Wednesday to 53 cents,