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Bullboard - Stock Discussion Forum Pembina Pipeline Corp T.PPL.PR.G


Primary Symbol: T.PPL Alternate Symbol(s):  PBA | PBNAF | T.PPL.PR.A | T.PPL.PR.C | T.PPL.PR.E | PPLAF | PMBPF | T.PPL.PR.I | T.PPL.PR.O | T.PPL.PR.Q | PPLOF | T.PPL.PR.S | PMMBF | T.PPL.PF.A | T.PPL.PF.E | T.PPL.PF.B

Pembina Pipeline Corp is a Canada-based energy transportation and midstream service provider. The Company owns pipelines that transport hydrocarbon liquids and natural gas products produced primarily in Western Canada. It also owns gas gathering and processing facilities and an oil and natural gas liquids infrastructure and logistics business. It operates through three segments: Pipelines... see more

TSX:PPL - Post Discussion

Pembina Pipeline Corp > Brookfield ‘improves’ offer
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Post by BlueJay2020 on Jun 18, 2021 8:48am

Brookfield ‘improves’ offer

Making it an all-cash offer and threatening to sweeten by 90 cents if the break-fee is rescinded. Surely a final offer and well short of what some think IPL is worth. No idea why an IPL shareholder would take this over PPL.
Comment by micromike on Jun 18, 2021 8:56am
They are playing games. If it doesn't work then they will up the offer if in fact they want a bidding war. 
Comment by stocktalk on Jun 18, 2021 9:01am
They don't want to be on the hook for the $350 break up fee ! Too bad so sad, Live by the sword, die by the sword.
Comment by RayDonovan78 on Jun 18, 2021 9:08am
When they up it to $25 per share all cash I may be interested. The PPL is a better deal by far, CIBC just upgraded PPL to an outperform with a $47 price target