Inter Pipeline Fd Limited Partnership Unit CL A IPPLF

Closes Strategic Acquisition of Inter Pipeline

[Betteryear2]

TORONTO and CALGARY, AB, Oct. 28, 2021 /CNW/ - Brookfield Infrastructure Partners L.P. (NYSE: BIP) (TSX: BIP.UN), together with its institutional partners (collectively, "Brookfield Infrastructure") and Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) are pleased to announce the successful completion of Brookfield Infrastructure's strategic acquisition of Inter Pipeline pursuant to the previously announced statutory plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement").