Brookfield moves to eliminate Inter Pipeline's break fee to Pembina [Reuters]
Brookfield Infrastructure Partners LP Limited Partnership Units (BIP)
Last brookfield infrastructure partners lp limited partnership units earnings: 2/10 06:44 am
Check Earnings Report
US:NYSE Investor Relations:
bip.brookfield.com/en
Company Research
Source: Reuters
Brookfield Infrastructure Partners LP (BIP.N) has filed an application with the Alberta securities regulator seeking elimination of takeover target Inter Pipeline Ltd's (IPL.TO) C$350 million ($289.11 million) termination fee to Pembina Pipeline Corp (PPL.TO) . Brookfield last week raised its hostile majority cash offer to buy Inter to C$8.48 billion, topping Pembina's C$8.3 billion all-stock proposal for the Canadian oil and gas transportation company. In a statement on Thursday, Brookfield said if it was successful in eliminating or reducing the break fee, it would further increase its takeover offer for Inter Pipeline by an equivalent amount. Inter reiterated its recommendation for Pembina's offer over Brookfield's proposal to its shareholders. Pembina did not immediately respond to a request for comment. ($1 = 1.2106 Canadian dollars) Our Standards: The Thomson Reuters Trust Principles.
Show less
Read more
Impact Snapshot
Event Time:
BIP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BIP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BIP alerts
High impacting Brookfield Infrastructure Partners LP Limited Partnership Units news events
Weekly update
A roundup of the hottest topics
BIP
News
- Brookfield Infrastructure Partners: Solid FFO Growth, 6% Yield, And Upside Potential [Seeking Alpha]Seeking Alpha
- Foundry JV Holdco LLC Announces Successful Completion of Consent SolicitationPR Newswire
- Aecon: Like Brookfield? Love The Stock [Seeking Alpha]Seeking Alpha
- Why We Recently Sold Brookfield Infrastructure Preferred [Seeking Alpha]Seeking Alpha
- 2 No-Brainer Stocks to Buy in April [Yahoo! Finance]Yahoo! Finance
BIP
Earnings
- 11/1/23 - In-Line
BIP
Sec Filings
- 4/16/24 - Form F-3
- 4/5/24 - Form F-3ASR
- 4/5/24 - Form 6-K
- BIP's page on the SEC website