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Agrium CEO says talks with activist ValueAct are 'friendly'

2014-11-05 16:17:55| Chemicals - Topix.net

Agrium Inc has been in "friendly" talks with activist shareholder ValueAct Capital , Chief Executive Officer Chuck Magro said on Tuesday, adding that the hedge fund approves of the Canadian fertilizer company's strategy. ValueAct on Oct. 24 disclosed it had bought a 5.7 percent stake in the company, 1-1/2 years after Agrium won a proxy battle with another activist trying to breaking it up.

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Category:Chemicals

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