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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 version
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Comment by pjn0987654321on Jul 15, 2021 8:13am
192 Views
Post# 33548080

RE:RE:RE:RE:RE:RE:RE:RE:RE:IPL version

RE:RE:RE:RE:RE:RE:RE:RE:RE:IPL versionThey did try and negotiate.  You were right about that.  Also you were right about the break fee being upheld.

"Brookfield Infrastructure sent a proposal to the Chair of IPL and the CEO of Pembina indicating a willingness to work with Pembina to enhance its bid by acquiring certain IPL assets. Brookfield Infrastructure indicated that if it acquired certain lower risk, lower return assets, Pembina could likely increase the value of its offer and together provide a substantial cash component of likely greater than 50% to IPL shareholders. Brookfield Infrastructure was promptly informed by IPL’s Special Committee that it was not in the interests of IPL shareholders for IPL or Pembina to hold any discussions."
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