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.

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Incitec Pivot Ord Shs > Commentary on ASC HEARING

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Comment by Oldfart74on Jul 22, 2021 9:48am

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Post# 33587129

RE:RE:Commentary on ASC HEARING

youknowwhat wrote: The order states that BF needs 55% of shares of IPL holders not including BF shares or shares involved in the swap (roughly a total of 20%).

Thus BF will need a total of 75% of IPL shares in order to take over IPL or about 321M including the 20% they now control.

Is my thought process correct?

In actual fact, Brookfield minimum bid requirement is 55% of the shares not owned or controlled by them (55% of 80%).

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