in this issue
Chemical Week Magazine :: Newsbriefs
Hedge fund calls for breakup of Agrium
6:21 AM MDT | October 5, 2012
Wilson: Keeping current strategy. 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 last 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. Jana, which owns a 4% stake in Agrium, says...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee