Brookfield infrastructure and inter pipeline announce subsequent acquisition transaction and completion of offer

Brookfield, news, sept. 03, 2021 (globe newswire) -- brookfield infrastructure partners l.p. (nyse: bip; tsx: bip.un), together with its institutional partners (collectively, “brookfield infrastructure”) and inter pipeline (tsx:ipl) are pleased to announce the expiry of the offer. since the initial expiry time of the offer, brookfield infrastructure has taken-up an incremental 33,087,736 inter pipeline common shares tendered under the offer during the mandatory extension period. upon payment for such inter pipeline common shares, brookfield infrastructure will increase its ownership of inter pipeline to 76.4%.
BIP Ratings Summary
BIP Quant Ranking