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…