Brief: Brookfield Infrastructure Says Files Second Notice Of Variation And Extension Of Terms Of Offer To Purchase Inter Pipeline Ltd

Brookfield Infrastructure

22/06/2021 02:31

June 21 (Reuters) - Brookfield Infrastructure Partners LP
 BIP.N :
    * BROOKFIELD INFRASTRUCTURE FILES SECOND NOTICE OF VARIATION
AND
EXTENSION OF THE TERMS OF THE OFFER TO PURCHASE INTER PIPELINE
LTD.
    * BROOKFIELD INFRASTRUCTURE - UNDER TERMS, EACH IPL
SHAREHOLDER
WILL HAVE ABILITY TO ELECT TO RECEIVE, PER IPL SHARE, C$19.50 IN
CASH
    * BROOKFIELD INFRASTRUCTURE PARTNERS - CASH CONSIDERATION
AVAILABLE PURSUANT TO OFFER IS NOT SUBJECT TO PRO-RATING
    * BROOKFIELD INFRASTRUCTURE-EACH IPL SHAREHOLDER TO GET, PER
IPL
SHARE, C$19.50 IN CASH OR 0.225 OF BROOKFIELD INFRASTRUCTURE
CLASS A EXCHANGEABLE SHARE
    * BROOKFIELD- BIPC SHARES AVAILABLE PURSUANT TO OFFER WILL
BE
SUBJECT TO PRO-RATING BASED ON  MAXIMUM OF 23 MILLION BIPC
SHARES ISSUABLE TO IPL SHAREHOLDERS
    * BROOKFIELD INFRASTRUCTURE-EXPIRY TIME HAS BEEN EXTENDED
AND IS
OPEN FOR ACCEPTANCE UNTIL 5:00 P.M. (MOUNTAIN STANDARD TIME) ON
TUESDAY, JULY 13, 2021

Source text for Eikon:  ID:nGNX60BPyn 
Further company coverage:  BIP.N 

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