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Sherritt’s logo pictured during their annual general meeting in Toronto, May 24, 2007.
Sherritt’s logo pictured during their annual general meeting in Toronto, May 24, 2007.
(J.P. Moczulski/Reuters)

Sherritt CEO not pursuing acquisition this year

Sherritt International Corp.’s chief executive said his company will not make a nickel acquisition this year, and is focused on fixing its balance sheet.

“We won’t be doing anything this year. Right now our priorities are getting our balance sheet in shape and paying down some debt,” Sherritt CEO David Pathe said in an interview.