CTP 5.77% 4.9¢ central petroleum limited

Ann: Project Range 2C Resources Exceed Highside Expectations, page-7

  1. 725 Posts.
    lightbulb Created with Sketch. 233
    This may put an interesting spin on Range...

    https://www.theaustralian.com.au/business/dataroom/rivals-line-up-for-incitec-pivots-fertiliser-unit/news-story/4951e4809c97056480c49962de8049b0

    It's paywalled, but here is the main gist of the story...

    Incitec Pivot’s fertiliser business is likely to attractinterest from rivals in the sector including Wesfarmers and Norwegian chemicalcompany Yara International should it come up for sale.


    Australian agricultural company Elders is also understood tobe eager to explore a potential acquisition of the operation in part, while itsrival Landmark, owned by Canada’s Nutrien, is also expected to be in the mix.


    Estimates so far suggest the business could be worth about$700 million.


    Incitec Pivot on Monday revealed it had hiredUBS to embark on a strategic review of its chemicals operation.
 
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