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Brookfield Infrastructure says takeover target Inter Pipeline denying data access | iNFOnews

Dan Healing Inter Pipeline s Heartland Petrochemical Complex in Fort Saskatchewan, Alta. is shown in this undated handout photo. THE CANADIAN PRESS/HO, Inter Pipeline MANDATORY CREDIT April 28, 2021 - 12:25 PM CALGARY - In the latest shot fired in the battle for Inter Pipeline Ltd., Brookfield Infrastructure Partners LP charges it hasn t been granted access to its target s data room despite its takeover offer made Feb. 10 and clear desire to participate in the company s strategic review process. Brookfield said Wednesday it wasn t invited to take part in Inter s strategic process launched Feb. 18 and, when it made inquiries, was told by Inter’s financial advisers that access to the data room would require unreasonable conditions, including restrictions on its ability to increase its takeover offer.

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