Seeking Alpha

Agrium plans transition to two strategic units, shares +2.8% AH

  • Agrium (AGU) +2.8% AH after announcing it will transition to two strategic business units for wholesale and retail in Q1 this year.
  • Agrium Advanced Technologies' agriculture business, which is comprised of Environmentally Smart Nitrogen and micronutrients, will become part of AGU's Wholesale business unit to more effectively leverage strengths in manufacturing and distribution.
  • AGU says the Turf and Ornamental and Direct Solutions businesses remain under strategic review with all options, including a sale, being considered.
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