Incitec Pivot Ltd T.IPL

Primary Symbol: ICPVF

Chemicals Basic Materials

Incitec Pivot Limited is an Australia-based manufacturer and supplier to the resources and agricultural sectors. Its segments include Asia Pacific and Americas. Asia Pacific segment includes Fertilisers Asia Pacific (Fertilisers APAC) and Dyno Nobel Asia Pacific (DNAP). Fertilisers APAC manufactures and sells fertilizers in Eastern Australia and the export market. It also manufactures, imports and sells industrial chemicals to the agricultural sector and other specialist industries. DNAP manufactures and sells industrial explosives and related products and services to the mining industry in the Asia Pacific region, Turkey and France. Americas segment includes Dyno Nobel Americas, which manufactures and sells industrial explosives and related products and services to the mining, quarrying and construction industries in the Americas (Canada, Mexico and Chile) and initiating systems to businesses in Australia, Turkey and South Africa. It also manufactures and sells industrial chemicals.

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Incitec Pivot Ltd > Best Interests

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Post by Quintessential1on Jul 12, 2021 10:35am

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Post# 33529489

Best Interests

I don't feel IPL's management was looking out for shareholder's best interests when they made the deal with PPL with a break fee attatched and this feeling was confirmed when the Morningstar Analyst's report from my brokerage said that very same thing. If IPL and PPL thought it was the best deal for shareholders then they should have trusted shareholders to see the value and take it. What they have done is discourage competing offers. Good for PPL but not for IPL shareholders.

The ASC will decide today which businesses are using illegal business practices if any.

Regardless of their decisions I expect to see increased offers.

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