Brookfield Infrastructure completed the acquisition of a 65.6% stake in Inter Pipeline for $6.7bn.

Brookfield Infrastructure completed the acquisition of a 65.6% stake in Inter Pipeline, a multinational petroleum transportation and infrastructure limited partnership, for $6.7bn. Shareholders, other than Brookfield Infrastructure, received cash in respect of an aggregate of 68.7m Inter Pipeline shares and BIPC shares or Exchange LP units in respect of an aggregate of 32.4m Inter Pipeline shares.