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Inter Pipeline's board adopts new stance, launches strategic review following Brookfield's takeover bid

The Globe and Mail
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JASON FRANSON/The Canadian Press
Inter Pipeline Ltd.’s board of directors is adopting a new approach in response to Brookfield Infrastructure Partners L.P.’s hostile takeover bid, with independent directors launching a strategic review that may ultimately recommend a sale of the company.
To date, Inter Pipeline’s board IPL-T has preferred to privately reject takeover offers. The board turned down a $30-per-share offer in 2019, and also quietly refused Brookfield’s BPY-UN-T approaches last fall that were priced between $17 and $18.25 per share. ....

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Top News In Royalty Management Ltd Today - Breaking & Trending Today

Inter Pipeline unlikely to find alternate bidder to ward off Brookfield bid, analysts say

Inter Pipeline unlikely to find alternate bidder to ward off Brookfield bid, analysts say
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Nova Scotia , Canaccord Genuity , Margaret Mckenzie , Christian Bayle , Berkshire Hathaway , Toronto Stock Exchange , Brookfield Asset Management Inc , Royalty Management Ltd , Inter Pipeline Ltd , Ancient Mariner , Inter Pipeline , Brookfield Infrastructure Partners , Robert Hope , Heartland Petrochemical Complex , Brookfield Infrastructure , Range Royalty Management Ltd , Toronto Based Brookfield Asset Management Inc , John Bereznicki , Canaccord Genuity Capital , Inter Pipe , நோவா ஸ்கோடியா , கானக்கோர்ட் உண்மையானது , மார்கரெட் மகெந்ஸீ , பெர்க்ஷயர் ஹாத்வே , டொராண்டோ ஸ்டாக் பரிமாற்றம் , ப்ரூக்ஃபீல்ட் சொத்து மேலாண்மை இன்க் ,