OTCPK:ICPVF - Post by User
Post by
kijijion Aug 09, 2019 11:21pm
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Post# 30013833
INTER PIPELINE RESPONDS TO MEDIA REPORTS
INTER PIPELINE RESPONDS TO MEDIA REPORTS Inter Pipeline Ltd. is responding to a request received this afternoon from the Investment Industry Regulatory Organization of Canada to comment on recent media reports related to the receipt of an unsolicited proposal to purchase Inter Pipeline. While it is the company's policy not to comment on market speculation or rumours, Inter Pipeline confirms that it received an unsolicited, non-binding, conditional and indicative proposal to purchase the company, but it is not in negotiations with any third party, nor is there any agreement, understanding or arrangement with respect to any such transaction.
Inter Pipeline does not intend to make any further public announcements regarding any rumours or speculation unless it determines that disclosure is warranted and in accordance with the requirements of applicable law.