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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 > Did the math on IPL --> BIPC
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Comment by Quintessential1on Aug 28, 2021 9:58am
167 Views
Post# 33778162

RE:RE:RE:Did the math on IPL --> BIPC

RE:RE:RE:Did the math on IPL --> BIPCI just tendered my shares on Wednesday with the extended offer and recieved .25 BIPC for every IPL share I had and no cash Friday.

Perhaps with BIPC trading lower than the cash offer they figured it was a better way to pay out. 

I believe the market has to hold BIPC's share price down as buying IPL will score you .25 of a BIPC so It can't trade higher until IPL stops trading.

GLTA



mnztr wrote:
Don't think so, this is not a heavily traded stock so it does not take a lot of ex IPL selling to drive the price down.


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