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Ridley Seizes Fertiliser Market Lead with $300M Incitec Pivot Deal
2:47am on Monday 2nd of June, 2025 AEST
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Agriculture
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Ridley Seizes Fertiliser Market Lead with $300M Incitec Pivot Deal
2:47am on Monday 2nd of June, 2025 AEST
Key Points
Acquisition of Incitec Pivot Fertilisers Distribution for $300 million
Expected 25%+ EPS accretion in FY26 including synergies
Capital raising of $125 million via entitlement offer and placement
Strategic supply agreement for urea from Perdaman by 2028
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