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 > PPL doesn't need IPL

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Post by hawk35on Jul 16, 2021 7:09pm

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Post# 33564303

PPL doesn't need IPL

I was glad to hear PPL was reaffirming their offer with no increase. PPL does not need IPL. That is the simple truth. They have so many of their own projects in the queue and two real big ones on the horizon that appeared in the last month (Trans Mountain and Carbon Capture).

It might be best if PPL walks away with the $350 million. I don't know if they would buy IPL assets from Brook since I've got a feeling that Brook is bidding real cheap but they will ask a royal premium for any IPL assets they sell. PPl can afford to pass on that.

Regardless, PPL is headed much higher with or without IPL.

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