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.

OTCPK:ICPVF - Post by User

Incitec Pivot Ltd > IPL asking price-24$

<< Previous

Bullboard Posts

Next >>

Comment by mrbbon Feb 23, 2021 4:14pm

184 Views

Post# 32639449

RE:RE:RE:IPL asking price-24$

i just checked BIP.U market cap is 2.62B, and they want to take out IPL at 7.09B market cap at 16.5 offer?. Maybe ipl should take out BIP.U when HPC starting rolling in the cashflow, by then IPL market cap would be around +10B. :P :P

Maxmoe wrote: Hilariously naive of you dotbomb. There is NO way bip would happily let them "shop it around". Let's start with this. Why does the ipl board need bip to "let " them shop it around. They can shop it without their permission. That's absurdly arrogant of Brookfield. Next, Brookfield attached a lot of grievousely one sided conditions to "letting" them shop it. 1] bip would insist on the ipl board issuing a public recommendation in favour of the bid. 2] bip would insist on the coup d'etat ROFR which would make the shopping process pointless and unable to attract a higher bid and 3) they would insist on having full access to "the data room" which would include material non public information. And last 4) bip would reserve the right to pull the offer any time they want. That's the price for a "friendly" deal that would allow the board to shop. If that ain't predatory , than run through a pack of lions butt naked with a broken leg. Good luck to US. GFY to BROOKFIELD.

downwithdotcom1 wrote: as i said earlier - BROOKFIELD isn't the problem here - we (BROOKFIELD) say its worth LOW, you (IPL) say its worth HI . BROOKFIELD says heres are offer plus WE WILL LET YOU SHOP IT AROUND...doesn't scream exactly predatory like - IPL management is duty bound for the interests of the shareholders and not about protecting their own jobs..dwdc

from SCOTIA (which is inline whats already been reported...)
A non-binding proposal for a transaction was first made in November in the $17.00-$17.50 range, with Brookfield open to a mutually acceptable go-shop arrangement. In mid-December Brookfield increased the indicative offer price to $18.25.