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By Sameer Manekar
(Reuters) -Australia's top fertiliser maker Incitec Pivot Ltd said on Tuesday it received a number of potential buyout offers for its U.S. ammonia manufacturing facility, sending its shares up more than 10%.
Incitec, however, warned the sale option for the facility in Waggaman, Louisiana (WALA) could delay its plans to demerge its explosives manufacturing business, Dyno Nobel, by up to a year.
The WALA facility is a part of Dyno Nobel Americas, and is "a very valuable asset ...
>>> Read more: Incitec Pivot soars on offers for U.S. ammonia plant; demerger plan delayed
(Reuters) -Australia's top fertiliser maker Incitec Pivot Ltd said on Tuesday it received a number of potential buyout offers for its U.S. ammonia manufacturing facility, sending its shares up more than 10%.
Incitec, however, warned the sale option for the facility in Waggaman, Louisiana (WALA) could delay its plans to demerge its explosives manufacturing business, Dyno Nobel, by up to a year.
The WALA facility is a part of Dyno Nobel Americas, and is "a very valuable asset ...
>>> Read more: Incitec Pivot soars on offers for U.S. ammonia plant; demerger plan delayed
