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U.S. fund ValueAct discloses 5.7 stake in Calgary fertilizer giant Agrium

2014-10-24 21:49:47| Chemicals - Topix.net

San Francisco-based fund ValueAct Capital has discloses to U.S. regulators that it has acquired a 5.7 per cent stake in Calgary fertilizer producer Agrium Inc. . In its 13D document, required whenever an investor buys more than five per cent of a company's shares, ValueAct does not specify whether it wants to see any changes at Agrium, saying only that the purchases were made in its "ordinary course of business" and for "investment purposes."

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