Welcome to our dedicated page for Brookfield Infrast Partners Lp news (Ticker: BIP), a resource for investors and traders seeking the latest updates and insights on Brookfield Infrast Partners Lp stock.
Brookfield Infrastructure Partners LP (BIP) provides essential updates on its global infrastructure operations through this dedicated news hub. Track press releases and announcements covering strategic acquisitions, quarterly earnings, and operational developments across utilities, transport, midstream, and data sectors.
This resource delivers timely insights into BIP's management of long-life assets critical to global economic systems. Investors will find updates on regulatory filings, partnership agreements, and capital allocation strategies that shape the company's position in 30+ countries.
Key content categories include dividend declarations, infrastructure project milestones, sustainability initiatives, and market expansion updates. All materials adhere to factual reporting standards required for informed investment analysis.
Bookmark this page for streamlined access to BIP's evolving role in essential infrastructure markets. Combine these updates with fundamental analysis tools available through Stock Titan for comprehensive portfolio decisions.
Digital Realty and Brookfield Infrastructure have established a 50/50 joint venture named BAM Digital Realty, focusing on developing and operating data centers in India. This venture is expected to leverage India's growing demand for data services amid increasing digitization and the rollout of 5G. The partnership aims to enhance Digital Realty's PlatformDIGITAL® offering, providing scalable infrastructure for global enterprises. The venture plans to acquire land in multiple Indian metros, with completion anticipated in the second half of 2021, subject to regulatory approvals.
Brookfield Infrastructure Partners L.P. has extended its offer to acquire all outstanding common shares of Inter Pipeline Ltd. until August 6, 2021. This decision follows the Alberta Securities Commission's ruling requiring a minimum tender condition of 55%. Shareholders can choose between C$19.50 in cash or 0.225 BIPC shares. The offer is conditional upon the rejection of a proposed arrangement with Pembina at the upcoming meeting on July 29. Further details and documents are available on SEDAR and the designated offer website.
Brookfield Infrastructure Partners L.P. (NYSE: BIP) has launched a voluntary sale program for eligible holders of Odd Lot Securities as of July 7, 2021. This initiative enables holders of fewer than 100 units to sell their securities without incurring brokerage fees, facilitating access for those without a brokerage account. The program runs until September 30, 2021, managed by Computershare and compliant with NYSE and TSX regulations. A detailed information booklet will be mailed to eligible securityholders on July 15, 2021, guiding them on participation.
Brookfield Infrastructure Partners will host its 2021 Second Quarter Conference Call on August 5, 2021, at 9:00 a.m. ET. The call will discuss financial results and current business initiatives following the release of results at 7:00 a.m. ET. Participants can join via phone or through a live webcast. A rebroadcast will be available until August 12, 2021. The company, part of Brookfield Asset Management, focuses on long-term infrastructure assets generating predictable cash flows.
Brookfield Infrastructure Partners L.P. (NYSE: BIP) has filed a Second Notice of Variation regarding its ongoing offer to acquire all outstanding shares of Inter Pipeline Ltd (TSX: IPL). This extended offer allows IPL shareholders to elect between C$19.50 in cash or 0.225 BIPC shares. The cash option is not subject to pro-rating, while BIPC shares are limited to 23 million shares. The offer’s deadline has been extended to July 13, 2021. Details are available on SEDAR and the official offer website.
Brookfield Infrastructure Partners (BIP) announced a revised takeover offer for Inter Pipeline Ltd. (IPL), allowing shareholders to elect 100% cash consideration of C$19.50 per share, significantly enhancing value compared to a previous all-share alternative with Pembina Pipeline. The new offer totals C$20.401 per share if a pending legal challenge against IPL's breakup fee is successful. Brookfield has secured regulatory approvals and aims for a quick execution within three days post-expiry. Additionally, the offer is expected to preserve jobs at IPL.
Brookfield Infrastructure Partners has filed a challenge with the Alberta Securities Commission to contest Inter Pipeline Ltd.'s $350 million termination fee, which they argue unfairly benefits Pembina Pipeline Corporation at the detriment of IPL shareholders. Brookfield's Enhanced Proposal offers IPL shareholders a choice between $19.50 in cash or shares, surpassing Pembina's offer of $19.45. Brookfield aims to eliminate the Break Fee to increase their proposal, which already boasts a 74% cash component and secured regulatory approvals for a swift close.
Brookfield Infrastructure Partners has made an offer to acquire Inter Pipeline Ltd., valuing IPL shares at C$19.751, a 4.4% premium over Pembina’s share-based offer of C$18.91. The offer consists of 74% cash and 26% share consideration, with significant regulatory approvals already secured. Brookfield opposes IPL's agreement with Pembina, highlighting risks and uncertainties in the all-share deal. The offer is open until June 22, 2021, and Brookfield emphasizes its strong track record of delivering shareholder value.
Brookfield Infrastructure Partners has announced a bid to acquire Inter Pipeline Ltd. (TSX: IPL) for C$19.75 per share, a 4.4% premium over Pembina's C$18.91 offer. The bid is composed of 74% cash and has received all regulatory approvals, allowing for a potential close in approximately 10 business days. Brookfield criticizes IPL's Board for favoring Pembina's inferior proposal, claiming it fails to prioritize shareholder interests. The offer aims to preserve local jobs compared to Pembina's plan, which suggests significant job losses due to cost synergies.
Brookfield Infrastructure Partners L.P. has successfully closed a public offering of $250 million in fixed-rate subordinated notes due May 24, 2081, with a 5.00% coupon. The proceeds will be used primarily to redeem Class A Preferred Units, Series 5, by September 30, 2021, and for general corporate purposes. The notes will be listed on the NYSE under the symbol BIPH. The issuance was facilitated by leading financial institutions including BofA Securities and Morgan Stanley.
