Australia's Incitec Pivot seeks out Indonesian firm to buy fertiliser unit - AFR

Dyno Nobel

02/08/2023 05:01

Aug 2 (Reuters) - Australia's Incitec Pivot  IPL.AX  has
sought out Indonesia's state-owned firm Pupuk Kaltim as a
preferred buyer for its flagship fertiliser business, in a deal
that could be worth about A$1.5 billion ($989 million), the
Australian Financial Review reported on Wednesday, citing
sources familiar with the matter. 


($1 = 1.5165 Australian dollars)

 (Reporting by Archishma Iyer in Bengaluru; Editing by Dhanya
Ann Thoppil)
 ((Archishma.Iyer@thomsonreuters.com;))