Brookfield Infrastructure Partners, a publicly traded limited partnership with corporate headquarters in Toronto, Canada, that engages in the acquisition and management of infrastructure assets on a global basis, offered to acquire the remaining 80% stake in Inter Pipeline, a multinational petroleum transportation and infrastructure limited partnership, for $10.6bn. Brookfield Infrastructure firmly believes that its offer is in the best interests of all IPL shareholders and that shareholders should have the opportunity to determine what is best for their investment. Brookfield Infrastructure has a long and successful track record of acquiring large-scale infrastructure companies and believes its offer is compelling for all IPL shareholders and stakeholders alike.