Pembina Pipeline Corp T.PPL

New Management at IPL

[micromike]

https://interpipeline.com/news-releases/inter-pipeline-and-brookfield-infrastructure-provide-update-on-strategic-transaction-and-executive-transition-plan/
·  Inter Pipeline announces that Christian Bayle, President and Chief Executive Officer and Brent Heagy, Chief Financial Officer, will each be stepping down from their management positions effective at the closing of the Arrangement. At which time, Brookfield Infrastructure executives Brian Baker and Paul Hawksworth will assume the roles of interim Chief Executive Officer and Chief Financial Officer, respectively
 
I would take a wild guess and say that the dismantling of IPL will begin shortly. In the name of maximize profits as they say. What is PPL going to buy from Brookfield????

[TheBridge]

IMO. Whatever PPL buys from Brookfield will mean paying a premium compared to what they would have got if they had taken it all over........and that's taking into account the $350m breakup fee. Brookfield isn't about to give away the prize that they acquired.

[Lupuslupus]

Brookfield will get market value for whatever assets they want to sell Theyre not going to "get back" the BU fee if PPL is going to buy an asset on top of what is the market value of said asset

[darb]

I just hope the governments (federal & provincial) make sure Heartland stays under Canadian control.

[Jtpatrol1]

[stocktalk]

PPL will buy nothing as Brookfield will retain the quality assets.What ever is left will be non core assets. Keep the money and run !!! imho