Brookfield Infrastructure Partners L.P - Unit

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Mergers / Acquisitions

Inter Pipeline Acknowledges Brookfield's Announced Intention Regarding Its Unsolicited Bid

Published: 07/15/2021 23:15 GMT
(BIP) - Inter Pipeline Acknowledges Brookfield's Announced Intention Regarding Its Unsolicited Bid.
Inter Pipeline- When Formal Revised Offer is Made, It Will Be Reviewed by Special Committee of Independent Directors and Board of Inter Pipeline.
Pursuant to Pembina Arrangement, Pembina Will Acquire All Issued and Outstanding Inter Pipeline Common Shares.
Inter Pipeline - Inter Pipeline Shareholders Will Receive 0.5 of a Common Share of Pembina for Each Inter Pipeline Common Share That They Own.
Inter Pipeline- Intends to Further Revise Its Offer to Acquire All of Outstanding Common Shares of Co to Increase Consideration Under Offer to $20.00.
Inter Pipeline - Inter Pipeline Shareholders Will Receive 0.5 of a Common Share of Pembina for Each Inter Pipeline Common Share That They Own.
Inter Pipeline- Inter Pipeline Board Has Unanimously Recommended That Inter Pipeline Shareholders Vote for Pembina Arrangement.