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Incitec Pivot Ord Shs T.IPL


Primary Symbol: ICPVF

Chemicals Basic Materials
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

Incitec Pivot Ord Shs > The Break Fee
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Comment by Oldfart74on Jul 17, 2021 4:45pm
142 Views
Post# 33565597

RE:RE:The Break Fee

RE:RE:The Break Fee

bttmfischer wrote: OF,  just how do you know that there is NO AGREEMENT with PPL that any IPL directors will be apponited to the PPL Board. 
Do you really believe that members of the IPL board would aree to the $350 million B F if there were nothing in that for them?
Seriously? 
Were you present at all of the negotiations, to say that ? 

Yes, I really believe that there is No Agreement with PPL that any IPL directors will be appointed to the PPL Board. If there was an agreement it would have been disclosed. You may recall that the Break Fee was the subject of considerable discussion at the ASC Hearing. 

In my opinion, it no longer matters; PPL has announced that they will not revise their bid - the merger with PPL will not occur.

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