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Incitec Pivot ( (AU:DNL) ) has shared an update.
Ridley Corporation Limited has completed the acquisition of Dyno Nobel’s Incitec Pivot Fertilisers business for $300 million, with an option to acquire the Geelong North Shore property for an additional $75 million. This acquisition strengthens Ridley’s market position by establishing a new growth pillar in the agricultural sector.
The most recent analyst rating on (AU:DNL) stock is a Hold with a A$3.15 price target. To see the full list of analyst forecasts on Incitec Pivot stock, see the AU:DNL Stock Forecast page.
More about Incitec Pivot
Ridley Corporation Limited is a leading diversified Australian agricultural services company, focusing on providing various agricultural products and services.
Average Trading Volume: 4,208,553
Technical Sentiment Signal: Buy
Current Market Cap: A$5.58B
For an in-depth examination of DNL stock, go to TipRanks’ Overview page.