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 > Break Fee ?

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Comment by my2pennieson Jun 03, 2021 1:00pm

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Post# 33319622

RE:RE:RE:RE:Break Fee ?

Agreed. IPL management has done everything that a third party would consider reasonable, so far. BIP could definitely file a claim, as is their right, but based on everything I've read so far it would get thrown out, by any reasonable judge. This story is far from over though.

Dibah420 wrote: "..i see a potential lawsuit..the IPL board had/has a legal duty to weigh the offers and BROOKFIELD"

They have. And they reminded shareholders of the default option.