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Brookfield Seeks to Break Up $6.9 Billion Pembina-Inter Deal

(Bloomberg) -- Brookfield Infrastructure Partners LP raised its hostile offer for Inter Pipeline Ltd. to C$8.4 billion ($6.9 billion) as it sought break up the company’s takeover by Pembina Pipeline Corp. announced a day earlier.Brookfield said Wednesday it will make a cash-and-stock offer valued at C$19.75 per share, representing a 4.4% premium to Pembina’s all-stock proposal, and take it directly to Inter’s investors.The move signals a full-blown takeover battle for Inter, which controls pipel

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