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Spilt milk everywhere as Incitec pivots, again

We have another “deal yourself in, deal yourself out” situation. And it isn’t pretty.

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Incitec Pivot’s inability to separate its fertiliser and explosives companies would be laughable if it wasn’t for the company’s 47,215 shareholders.

For two years, Incitec Pivot has been telling us that it makes no sense to run explosives and fertilisers units under the one roof.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/spilt-milk-everywhere-as-incitec-pivots-again-20240710-p5jsh0