15
Jul
2021
Posted by: In: Brookfield Infrastructure, Brookfield Infrastructure Partners, Brookfield Infrastructure Partners LP, Business, hostile takeover bid, Inter Pipeline, Inter Pipeline Ltd., Money

Brookfield Infrastructure raises hostile takeover offer for Inter Pipeline

Brookfield Infrastructure Partners LP has upped its hostile takeover bid for Calgary-based Inter Pipeline Ltd. The company is now offering $20 in cash or 0.25 of a Brookfield Infrastructure share for each Inter Pipeline share, with a cap on the number of shares that are available. Brookfield said assuming…
21
Jun
2021
Posted by: In: Brookfield, Brookfield Infrastructure, Brookfield Infrastructure Partners, Brookfield Infrastructure Partners LP, Business, Energy, Inter Pipeline, Inter Pipeline Ltd., Money, Pembina Pipeline, Pembina Pipeline Corp.

Inter Pipeline rejects revised hostile takeover offer by Brookfield Infrastructure

Inter Pipeline Ltd. has rejected a revised hostile takeover offer by Brookfield Infrastructure Partners LP that allows shareholders to receive their payment entirely in cash instead of a mix of cash and shares if they want. The company urged shareholders to reject the offer and support its friendly all-stock…