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Incitec Pivot Ltd T.IPL


Primary Symbol: ICPVF

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

Comment by bttmfischeron Jul 26, 2021 11:17am
176 Views
Post# 33604316

RE:RE:Very Disappointing

RE:RE:Very DisappointingAs it states in Brookfield's "Third Notice of Variation and Extension" on June 29, Brookfield sent a proposal to the chair of IPL and the CEO of Pembina offering to acquire "certain lower risk assetts" of IPL, which could "possibly increas the value of the "Offer".
From that, one could assume that there may be room for more negotiations between IPL and Brookfield, since Pembina is out of the picture, collecting the 350 million Break Fee.
The fact that IPL made this announcement could mean that Brookfield became more flexible,
although it would be out of character.
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