Brookfield Infrastructure to acquire Colonial Enterprises for $9bn.

Brookfield Infrastructure, one of the largest owners and operators of critical global infrastructure networks, agreed to acquire Colonial Enterprises, a world-class midstream asset portfolio, for $9bn. Colonial is comprised of the largest refined products system in the U.S., spanning approximately 5,500 miles between Texas and New York. The business has a multi-decade track record of strong performance and high utilization serving a high-quality customer base along the U.S. East Coast.