Hedge fund calls for break up of Agrium

Hedge fund Jana Partners (New York) has urged Agrium management to split off its retail segment. Jana co-founder Barry Rosenstein made the comments at the New York Value Investing Congress meeting earlier this week. “By pairing retail, which is a stable agricultural distribution business, with wholesale, which is a volatile, commodity-linked fertilizer business, Agrium has obscured retail’s true value while generating no meaningful synergies from this combination,” Jana says....

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers