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Inter Pipeline reviews options in response to hostile Brookfield takeover bid | iNFOnews

Inter Pipeline reviews options in response to hostile Brookfield takeover bid

Inter Pipeline reviews options in response to hostile Brookfield takeover bid by The Canadian Press Last Updated Feb 18, 2021 at 6:58 pm EDT Inter Pipeline s Heartland Petrochemical Complex is shown under construction in Fort Saskatchewan, Alta., on Thursday, January 10, 2019. Inter Pipeline Ltd. is warning that the cost of building its Heartland Petrochemical Complex has risen by about half a billion dollars and its in-service date may be delayed due to factors including the impact of the COVID-19 pandemic. THE CANADIAN PRESS/Jason Franson Calgary-based Inter Pipeline Ltd. says it has initiated a review of strategic alternatives in response to a hostile takeover bid launched last week by its largest shareholder, Brookfield Infrastructure Partners LP.

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