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UPDATE: Agrium Down 3% Amid Reports It Is Keen To Build on AWB Buy

Canadian fertilizer maker and farm products retailer Agrium Inc (AGU.TO) is keen to build on its acquisition of Australia's AWB to expand further in Asia, a top company official said on Friday, Reuters reported.

Agrium, the largest North American farm products retailer, bought AWB Ltd, Australia's top bulk wheat exporter, last year for $1.17 billion.

"They are keen to build on this, in both the retailing and fertilizer sectors, more broadly in Asia," Agrium's Asia-Pacific Managing Director Philip Gentry reportedly told a business lunch in Australia.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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