Brief: Brookfield Infrastructure Intends To File A Revised Offer To Purchase Inter Pipeline In Cash And Share Transaction Valued At C$16 Bln

Brookfield Infrastructure

15/07/2021 12:06

July 15 (Reuters) - Brookfield Infrastructure Partners LP
 BIP.N :
    * BROOKFIELD INFRASTRUCTURE INTENDS TO FILE A REVISED OFFER
TO
PURCHASE INTER PIPELINE LTD. FOR $21.23 PER SHARE IN CASH AND
SHARE TRANSACTION VALUED AT C$16 BILLION
    * BROOKFIELD INFRASTRUCTURE PARTNERS LP - REVISED OFFER HAS
RECEIVED ALL KEY REGULATORY APPROVALS AND OFFERS SPEED AND
CERTAINTY OF CLOSING
    * BROOKFIELD INFRASTRUCTURE PARTNERS LP - BROOKFIELD
INFRASTRUCTURE, REITERATES ITS INTENTION TO VOTE AGAINST
ALTERNATIVE TRANSACTION
    * BROOKFIELD INFRASTRUCTURE PARTNERS - REVISED OFFER
CONTINUES TO
PROVIDE IPL SHAREHOLDERS  VALUE CERTAINTY THROUGH 100% CASH
CONSIDERATION
    * BROOKFIELD INFRASTRUCTURE PARTNERS LP - SHAREHOLDERS MAY
ELECT
UP TO 100% CASH CONSIDERATION C$20 PER SHARE OF IPL WITHOUT
BEING SUBJECT TO PRORATION

Source text for Eikon:  ID:nGNX33hDnq 
Further company coverage:  BIP.N 

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