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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 > Withdraw your tendered shares & send Brookfield packing
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Comment by Oldfart74on Aug 09, 2021 11:16am
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Post# 33671708

RE:RE:RE:RE:RE:RE:RE:Withdraw your tendered shares & send Brookfield packing

RE:RE:RE:RE:RE:RE:RE:Withdraw your tendered shares & send Brookfield packing
Antonyius wrote: Well I guess that's why by rescinding the tendered shares the shareholders can hope to wrestle back control of the company. With that said I don't think the let down management team is really fighting for us anymore and they're all looking at their exit parachutes with fat payouts. Disclaimer: sold half my shares for ppl, but kept the remaining IPL shares untouched.

The IPL Board performed an outstanding job for their shareholders after the hostile takeover was launched.  They conducted a transparent sales process, obtained a higher bid, fought Brookfield at ASC (and won). The end result was that Brookfield was forced to significantly increase the bid from $16.50 to $20. It is clear that the shareholders have now decided to accept the Brookfield offer.
My message to the misguided posters who feel that IPL can go it alone - Good Luck!
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