OTCPK:ICPVF - Post by User
Comment by
bttmfischeron Jun 04, 2021 10:52am
225 Views
Post# 33329448
RE:Brookfield Infrastructure Responds to Inter Pipeline
RE:Brookfield Infrastructure Responds to Inter PipelineHaving read the ntire text of the Brookfield "Response", there is on statement in it that got my
attention.
It said that since BIP already owns almost 10% of IPL shares, they would BECOME PPL investors, if the merger of IPL and PPL became a reality. Brookfield stated however that they
have NO INTENSION of becoming a long term PPL investor. Another word they do not want the
IPL-PPL union.
I see this as a potential sweetened offer by BIP.
PS. Their "Response" was very well composed, I have to admit.