Thank you for the clarification. I understand now. It seems you are referring to the sale of Incitec Fertilisers, and you believe it has the ingredients for a review by the Foreign Investment Review Board (FIRB).
When a foreign entity intends to acquire a significant interest in an Australian company like Incitec Fertilisers, it may trigger the need for a review by the FIRB. The FIRB assesses such proposals to ensure they align with Australia’s national interest and do not compromise critical sectors or sensitive assets.
The sale of a company like Incitec Fertilisers, which may be involved in essential industries like agriculture or mining, could indeed attract FIRB scrutiny, especially if the buyer is a foreign entity or if the proposed acquisition raises concerns related to national security, competition, or strategic assets.
It’s worth noting that my knowledge only goes up until September 2021, and I do not have real-time information. If this event occurred after that date, I recommend checking recent news sources for the latest developments regarding the sale of Incitec Fertilisers and any potential involvement of the FIRB.
