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…
23
Feb
2021
Posted by: In: Brookfield Infrastructure Partners, Brookfield Infrastructure Partners L.P., Business, Inter Pipeline, Inter Pipeline Ltd., Money, petrochemicals, Pipelines

Inter Pipeline urges shareholders to ignore Brookfield bid, wait for review results

A formalized takeover bid for Inter Pipeline Ltd. that matches an informal offer made about two weeks ago suggests that Brookfield Infrastructure Partners L.P. doesn’t expect a white knight to drive up the price, an analyst said Tuesday. On Monday after markets closed, Brookfield said its $16.50 per share…
22
Feb
2021
Posted by: In: Brookfield Infrastructure, Brookfield Infrastructure Partners, Brookfield Infrastructure Partners L.P., Business, Energy, Energy Sector, Inter Pipeline, Inter Pipeline Ltd., Money

Brookfield and its partners formally launch hostile bid for Inter Pipeline

By Staff The Canadian Press Posted February 22, 2021 8:16 pm     Updated February 22, 2021 8:17 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Brookfield Infrastructure Partners…
13
Nov
2020
Posted by: In: Alberta economy, Business, Christian Bayle, Energy, Fort Saskatchewan, heartland petrochemical complex, Inter Pipeline, Inter Pipeline Ltd., Money, petrochemicals, Pipeline, Pipelines

Inter Pipeline hopes to find petrochemical partner in first half of 2021

Inter Pipeline says it hopes to conclude its search for a partner in its $4-billion petrochemical project now under construction near Edmonton in the first half of next year. “We continue to advance the process to secure a partner for a material interest in the Heartland Petrochemical Complex,” said…