|Bid||58.99 x 1000|
|Ask||59.03 x 1000|
|Day's Range||58.63 - 59.44|
|52 Week Range||52.51 - 80.60|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 08, 2021 - Nov 12, 2021|
|Forward Dividend & Yield||2.04 (3.45%)|
|Ex-Dividend Date||Aug 30, 2021|
|1y Target Est||N/A|
The shareholders of Brookfield Infrastructure Partners Corp. (TSX/NYSE:BIPC) and Inter Pipeline Ltd. (TSX:IPL) have entered into an Arrangement Agreement resulting in the combination of the two companies. Inter Pipeline shareholders can elect to receive C$20.00 cash or 0.250 BIPC exchangeable share for each share of Inter Pipeline held, subject to pro-ration.
Brookfield Infrastructure is pleased to announce that it has taken up and paid for 253,166,495 common shares of Inter Pipeline Ltd. (“Inter Pipeline”) tendered to its take-over bid dated February 22, 2021 (as amended, the “Offer”) resulting in Brookfield Infrastructure owning 68.7% of Inter Pipeline’s common sharesInter Pipeline shareholders over-elected to receive BIPC Shares and Exchange LP Units, highlighting the attractiveness of a high quality and globally diverse portfolio of long-life, hi
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