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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 Oldfart74on Aug 09, 2021 11:16am
249 Views
Post# 33671708

RE:RE:RE:RE:RE:RE:RE:Withdraw your tendered shares & send Brookfield packing

RE:RE:RE:RE:RE:RE:RE:Withdraw your tendered shares & send Brookfield packing
Antonyius wrote: Well I guess that's why by rescinding the tendered shares the shareholders can hope to wrestle back control of the company. With that said I don't think the let down management team is really fighting for us anymore and they're all looking at their exit parachutes with fat payouts. Disclaimer: sold half my shares for ppl, but kept the remaining IPL shares untouched.

The IPL Board performed an outstanding job for their shareholders after the hostile takeover was launched.  They conducted a transparent sales process, obtained a higher bid, fought Brookfield at ASC (and won). The end result was that Brookfield was forced to significantly increase the bid from $16.50 to $20. It is clear that the shareholders have now decided to accept the Brookfield offer.
My message to the misguided posters who feel that IPL can go it alone - Good Luck!
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