Brookfield Infrastructure Announces Acquisition Of Approximately 18.4 Million Additional Inter Pipeline Ltd. Common Shares
Brookfield Infrastructure Announces Acquisition Of Approximately 18.4 Million Additional Inter Pipeline Ltd. Common Shares
08/27/21, 8:27 PM
Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”) are pleased to announce that Brookfield Infrastructure has paid for the additional 18,369,800 Inter Pipeline common shares tendered under its Offer as of August 25, 2021, increasing Brookfield Infrastructure’s aggregate ownership of Inter Pipeline’s common shares from 68.7% to 73.0%.
Company Info
Company info
Brookfield Infrastructure is a global infrastructure company that operates high-quality assets in various sectors. It focuses on assets with contracted revenues for stable cash flows. The company is part of Brookfield Asset Management, which manages over $1 trillion in assets. More details are available on their website.