UPDATE 1-Agrium CEO says talks with activist ValueAct are 'friendly'
November 04, 2014 at 13:41 PM EST
WINNIPEG, Manitoba, Nov 4 (Reuters) - Agrium Inc has been in "friendly" talks with activist shareholder ValueAct Capital, Chief Executive Officer Chuck Magro said on Tuesday, adding that the hedge fund approves of the Canadian fertilizer company's strategy.