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 > Brookfield files Revised Takeover Bid

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Comment by mrbbon Jul 19, 2021 2:55pm

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Post# 33570148

RE:RE:RE:Brookfield files Revised Takeover Bid

tax (and death) is a certainty and will be paid, eventually, just matter of time.

Oldfart74 wrote:

Ariahp wrote: OLDFART74
You said: I expect most shareholders will take the $20 Cash Offer.

Do you for once understand the Tax impications of taking the cash verses a TAX Free Rollover with the PPL offer.

If by chance BF wins, I will take shares and immediately sell them to buy PPL. I just do not want to pay Capital Gains on the cash offer.

If you dont read my old posts on this subject.

Unfortunately, you are confused on tax matters. You are entitled to exchange your IPL share for shares in BIPC on a tax deferral basis basis. The adjusted cost basis (ACB) of your new BIPC shares is the ACB of your old IPL shares. However, when you immediately sell the BIPC shares to buy PPL, you trigger a capital gain. Your capital gain is the excess of the sale proceeds of BIPC shares over the ACB.