RE:Moving on Hey stocktalk, agree that PPL will buy some IPL assets after the dust settles. Others have the same opinion. See below.
Inter Pipe calls off Pembina deal Noah Zivitz BNN Bloomberg
Mon 26/07/2021 09:04
Inter Pipeline has
called off its friendly takeover arrangement with Pembina Pipeline with just three days to go before shareholders were set to vote on that transaction. The move comes after Brookfield Infrastructure Partners L.P. recently sweetened its hostile offer for the pipeline operator, but Inter Pipeline isn’t ready to formally throw its support behind Brookfield just yet.
We’ll gather insight on what it will take for those two parties to clinch a deal, and will also consider what plan b could be for
Pembina, which made it clear this morning that it’s open to other M&A opportunities.