Incitec Pivot Ltd T.IPL

RE:Brookfield will rape IPL.

[downwithdotcom1]

what , AS OPPOSED to Pembina???  DO YOUR HOMEWORK..right in PEMBINA's offer was the multi hundred million dollar COST synergies , the biggest being work - force OVERLAP..hundereds of jobs were going to lost starting with head office soon as this deal had closed. If your looking to blame go after IPL's incompetent management team/BOD with their bad faith bargining with BROOKFIELD from the very start..Wow, so the great satan BROOKFIELD takes the deal AND IPL has to pay PEMBINA $350 million as well???...this is potentially extra monies that could have gone to IPL shareholders ..yes a break fee is part of signing a deal BUT NOT WHEN A SUPERIOR OFFER IS MADE such as the case of BROOKFIELD's immediate increased offer response to PEMBINA's so called frendly deal..,. For me , PPL has been a core holding so its a double win.As for IPL , management actions (or the lack of) put iitself in play and it was going to be sold and as i had predicted, at a price nobody was happy with...time to move on..dwdc