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Evogene shares fall 1.42% premarket after selling ag-biologicals subsidiary Lavie Bio to ICL Group.
ByAinvest
Wednesday, Jul 9, 2025 5:33 am ET1min read
Evogene Ltd. declined 1.42% in premarket trading, following the announcement of the completion of a transaction involving the divestiture of the majority of the activities and assets of its ag-biologicals subsidiary, Lavie Bio Ltd., to ICL Group Ltd. The transaction also included the transfer of Evogene's proprietary MicroBoost AI for AG platform, which is used to accelerate microbial product development in the agriculture sector.
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