secwatch.observer — SEC 8-K summary
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Issuer:     Andersons, Inc. (ANDE)
CIK:        0000821026
Form:       8-K/A
Filed at:   2025-10-14T23:59:59+00:00
Accession:  0000821026-25-000193
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Andersons closes $425M buyout of remaining 49.9% stake in TAMH JV
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- Acquired remaining 49.9% interest in The Andersons Marathon Holdings for $425M, including $40M working capital; closed July 31, 2025.
- Pro forma FY2024 net income attributable to controlling interests would have been $140.0M vs. actual, with EPS up $0.76 to $4.11 basic.
- For H1 2025, pro forma net income attributable to controlling interests would have been $15.6M; EPS up $0.22 to $0.46.
- Pro forma balance sheet would show cash reduced by $351M, short-term debt up $74M, equity down $425M as of June 30, 2025.
- Financing costs of $30.7M (FY2024) and $9.9M (H1 2025) reflect additional borrowings and cash used for the buyout.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821026/000082102625000193/0000821026-25-000193-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821026/000082102625000193/ande-20250731.htm
  HTML page:      https://secwatch.observer/filing/0000821026-25-000193

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