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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 > Inter Pipeline and nothing else.
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Comment by Oldfart74on Jul 19, 2021 2:52pm
173 Views
Post# 33570139

RE:RE:RE:RE:RE:RE:Inter Pipeline and nothing else.

RE:RE:RE:RE:RE:RE:Inter Pipeline and nothing else.
bttmfischer wrote: Very true, Hawk35.
At the risk of repeating myself, the Break Fee did  NOTHING for the shareholders of IPL, it only protected PPL. I believe the IPL's  BoD, and the "Commitees" handling this affair made a costly error by agreeing that the Break Fee  be part of PPL's offer to this merge. (Which may not take place anyway.)

At the risk of repeating myself, the Break Fee was required to make the arrangement with PPL.  This  forced Brookfield to raise their bid. The IPL Board is to be congratulated on their actions. They are now reviewing the revised, revised bid by Brookfield. They are well aware of their fiduciary duty and I expect they will act accordingly.
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