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Incitec’s Indonesian suitor has investors brushing up on Cooper’s woes

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It took ten months of negotiations before Incitec Pivot was prepared to confirm what Street Talk had already told the market – that Indonesia’s Pupuk Kalimantan Timur is in discussions to buy the company’s big Australian fertiliser division.

Incitec Pivot CEO Mauro Neves.  Arsineh Houspian

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/incitec-s-indonesian-suitor-has-investors-brushing-up-on-cooper-s-woes-20240520-p5jexw