Brookfield mulls enhancements to Inter Pipeline bid: Reuters

Brookfield Infrastructure Partners is considering “further enhancements” to its offer to buy Inter Pipeline, a Calgary-based oil and gas transportation company, Reuters reported.

Brookfield Infrastructure Partners is considering “further enhancements” to its offer to buy Inter Pipeline, a Calgary-based oil and gas transportation company, Reuters reported. Brookfield last month revised its C$8.48 billion ($6.81 billion) buyout offer to include an all-cash option. The news comes after the Alberta Securities Commission ruled that Inter Pipeline did not engage in any improper defensive tactics to fend off a hostile takeover bid from Brookfield.

Source: Reuters