Increased Offer provides superior value to Inter Pipeline Ltd. (“IPL”) shareholders, representing a premium of C$1.53 or 8%, on a prorated basis, versus the proposed transaction (the “Alternative
Inter Pipeline Ltd. ("Inter Pipeline" or the "Company") (TSX: IPL) is responding to the news release issued June 18, 2021 (the "Brookfield Release") by Brookfield Infrastructure Partners L.P.
Brookfield Infrastructure Partners L.P. (NYSE:BIP, TSX:BIP), together with its institutional partners (collectively, “Brookfield Infrastructure”, “we” or “our”), is pleased to announce
Offer Highlights
Aggregate cash and share-based consideration totalling C$19.751 per Inter Pipeline Ltd. (TSX:IPL) (“IPL” or the “Company”) share representing a 4.4% premium to the Pembina