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 > Commentary on ASC HEARING

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Comment by Antonyiuson Jul 22, 2021 10:10am

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Post# 33587278

RE:RE:RE:Commentary on ASC HEARING

This is correct and it's in the paperwork that got sent out.

Oldfart74 wrote:
youknowwhat wrote: The order states that BF needs 55% of shares of IPL holders not including BF shares or shares involved in the swap (roughly a total of 20%).

Thus BF will need a total of 75% of IPL shares in order to take over IPL or about 321M including the 20% they now control.

Is my thought process correct?

In actual fact, Brookfield minimum bid requirement is 55% of the shares not owned or controlled by them (55% of 80%).