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…