Brookfield Infrastructure Ord Shs Class A T.BIPC

Alternate Symbol(s): BIPC

Utilities Utilities - Regulated Gas

Brookfield Infrastructure Corporation is a global infrastructure company. The Company owns and operates assets in the utilities, transport, midstream and data sectors across North and South America, Asia Pacific, and Europe. It owns interests in a regulated gas and electricity business in the United Kingdom, a regulated natural gas transmission business in Brazil and a global intermodal logistics operation. Its regulated gas transmission operation in Brazil operates approximately 2,000 kilometers of natural gas transportation pipelines in the states of Rio de Janeiro, Sao Paulo, and Minas Gerais. Its regulated distribution operation is the independent last-mile, multi-utility connection provider, with approximately 4.5 million connections. The Company’s global intermodal logistics operation is the world’s largest lessor of intermodal containers with a fleet of over four million containers representing seven million twenty-foot equivalent units (TEUs).

TSX:BIPC - Post by User

Brookfield Infrastructure Ord Shs Class A > why the pull-back in BIPC ?

<< Previous

Bullboard Posts

Next >>

Comment by semiRet4everon Aug 26, 2021 12:17pm

140 Views

Post# 33767417

RE:why the pull-back in BIPC ?

At the height of the bidding war with PPL the BIPC shares were trading at an unusually high premium to BIP shares of ~40%. As the IPL deal progressed the premium narrowed to ~20% in early July. The premium to BIP is now ~10% might be justified by the tax advantage of the corporate share versus LP relationship of BIPC and BIP.

Perhaps the BIPC/BIP premium during the bidding war was artificial, it likely influenced some decisions in the tender process.

<< Previous

Bullboard Posts

Next >>

Rich TV Live's Stocks to Watch this week (Nov. 8, 2024)