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…
Posted by: In: Alberta Oil, Alberta oil and gas, Alliance Pipeline, Brookfield, Brookfield Infrastructure, Enbridge, Enbridge Brookfield, Enbridge Inc, Enbridge natural gas sale, LNG, Money, Natural Gas, Oil and Gas, Westcoast transmission system

Enbridge to sell natural gas processing business to Brookfield for $4.31B

A $4.31-billion deal to sell Western Canadian natural gas processing plants and gathering pipelines is expected to advance Enbridge Inc.’s strategic makeover and pay down debt while funding ambitious growth plans. News of the sale to a partnership led by Brookfield Infrastructure on Wednesday followed word last week that Enbridge’s biggest…