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…
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…