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Incitec Pivot Ord Shs T.IPL


Primary Symbol: ICPVF

Incitec Pivot Limited is an Australia-based company, which is a technology supplier to the resources and agricultural sectors. The Company’s segments include Asia Pacific, Americas, and Group eliminations (Group Elim)/Corporate. Its Asia Pacific segments include Fertilisers Asia Pacific (Fertilisers APAC) which manufactures and sells fertilizers in Eastern Australia and the export market; Dyno Nobel Asia Pacific (DNAP) manufactures and sells industrial explosives to the mining industry; Asia Pacific Eliminations (APAC Elim) includes the elimination of sales and profit in stock arising from Fertilisers APAC sales to DNAP. Americas segment includes Dyno Nobel Americas (DNA) which manufactures and sells industrial explosives to the mining, quarrying and construction industries in the Americas and initiating systems to businesses in Australia, Turkey and South Africa. Group Elim includes the elimination of sales and profit in stock arising from intersegment sales.


OTCPK:ICPVF - Post by User

Comment by Oldfart74on Jul 14, 2021 1:59pm
170 Views
Post# 33543169

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:IPL version

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:IPL version
pjn0987654321 wrote: OK, I interpreted your statement to mean that they extended because they have the support they need, not that they extended because the ASC modifications made them.   

I don't see why they would consider enhancing their offer if they have the support they need. 

You mention "good support".  Does that imply they are still working towards the support they need?    



On the evening of July 12, I posted the following statement "By now Brookfield will have a pretty good idea of the level of support for their offer. If the indications are that they have good support, you can expect a revised takeover bid with a new expiry date and further information as required by the ASC. Awaiting the Brookfield decision."
Just my opinion. I also have posted yesterday that the 55% tender requirement is a very high bar to reach plus the poison pill is still in effect.
In my opinion, a negotiated settlement is preferable - either specific IPL assets in exchange for share position or specific number of PPL board seats.


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