Brookfield Infrastructure Partners said proxy advisory firm Glass Lewis has backed its offer for Inter Pipeline over a rival bid from Pembina Pipeline Corp.
Brookfield Infrastructure Partners said on Friday proxy advisory company Glass Lewis has backed Brookfields offer for Inter Pipeline Ltd over a rival bid from Pembina Pipeline Corp. This follows days after support for Brookfields bid from proxy advisory firm Institutional Shareholder Services (ISS). Pembina has made an all-stock bid of about C$8.5 billion ($6.77 billion), 
BROOKFIELD, NEWS, July 23, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, Brookfield Infrastructure ) agree with the recommendation from Glass Lewis to vote AGAINST the Alternative Transaction.
Brookfield Infrastructure Partners LP (TSX:BIP.UN)(NYSE:BIP) targets a total return of 12-15% per annum on the infrastructure assets that it owns, measured over the long term. The post The Top Canadian Stock for Your Portfolio appeared first on The Motley Fool Canada .
Even though Pembina is already in the process of acquiring Inter Pipeline, Brookfield Infrastructure Partners is not going away. The post Inter Pipeline (TSX:IPL) Is Still on Brookfields Radar appeared first on The Motley Fool Canada .
Microsoft''s plan to set up the data centre comes close on the heels of Brookfield Infrastructure planning to establish a joint venture to develop such facilities in India under the brand name BAM Digital Realty. The post Microsoft-Telangana government to set up a data centre worth Rs 15,000 crore appeared first on Businessfortnight .
Microsoft''s plan to set up the data centre comes close on the heels of Brookfield Infrastructure planning to establish a joint venture to develop such facilities in India under the brand name BAM Digital Realty
Jul 19, 2021 (Bloomberg) Inter Pipeline Ltd. is evaluating a formal revised C$8.6 billion ($6.7 billion) offer from Brookfield Infrastructure Partners LP to buy Canadas fourth-largest midstream company after rival suitor Pembina Pipeline Corp. said it wouldnt raise its own bid for the company.Brookfield agreed last Thursday to lift the cash portion of its offer by 2.6% to Read more The post Taking Another Look Inter Pipeline Evaluates Brookfields Revised C$8.6 Billion Bid appeared first on Energy News for the Canadian Oil & Gas Industry | EnergyNow.ca .
Summary: Digital Realty and Brookfield Infrastructure agreed to establish a 50/50 joint venture focused on the development, ownership and operation of data centres in the India market operating under the brand name BAM Digital Realty. The JV intends to acquire land parcels in multiple Indian metros for the development of data centre campuses. Although management did  The post Digital Realty and Brookfield Infrastructure to form join venture to develop data centres in India appeared first on Structure Research | Cloud, Hosting & Data Centres .
BROOKFIELD, NEWS, July 16, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announces that it has completed the sale of 100% of its North American district energy business, Enwave. The business has been divested through two separate transactions for total consideration of $4.1 billion on an enterprise value basis. Enwaves Canadian business was acquired by Ontario Teachers Pension Plan Board and IFM Investors on June 7, 2021, and Enwaves U.S. business was acquired by QIC and Ullico on July 16, 2021. Net proceeds to BIP are approximately $1 billion. We have earned an IRR of over 30% on our investment and a multiple of invested capital of over six times.
Jul 15, 2021 (Bloomberg) Brookfield Infrastructure Partners LPs decision to raise its hostile cash-and-stock offer for Canadas Inter Pipeline Ltd. to C$8.6 billion ($6.9 billion) has shifted the focus to rival suitor Pembina Pipeline Corp.s next move as shares in the fought-over midstream company surged.Brookfield Infrastructure agreed to lift the cash portion of its offer by Read more The post Brookfields Bid for Inter Pipeline Shifts Focus to Pembina appeared first on Energy News for the Canadian Oil & Gas Industry | EnergyNow.ca .
Brookfield Infrastructure Partners LP has upped its hostile takeover bid for Calgary-based Inter Pipeline Ltd.
Inter Pipeline (TSX:IPL) stock surged 3.25% after Brookfield Infrastructure Partners upped its bid. How can you profit from this? The post Why Inter Pipeline (TSX:IPL) Stock Surged 3.25% Today appeared first on The Motley Fool Canada .
The company is now offering $20 in cash or 0.25 of a Brookfield Infrastructure share for each Inter Pipeline share, with a cap on the number of shares that are available.
BENGALURU (July 15): Brookfield Infrastructure Partners raised its hostile offer for Inter Pipeline Ltd for a second time to about C$8.58 billion (US$6.85 billion) as it battles a rival bid from Pembina Pipeline Corp.
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