Private Equity
Calgary-based pipeline operator Inter Pipeline has decided against recommending a C$8.5 billion ($6.77 billion) deal with rival Pembina Pipeline Corp to shareholders and instead chose to pursue a higher bid from Brookfield Infrastructure Partners, Reuters reported.
1 min read · 26 July 2021
Calgary-based oil and gas company Strathcona Resources has acquired Montney assets in the Resthaven area of Western Canada.
1 min read · 26 July 2021
Brookfield Infrastructure Partners said proxy advisory firm Glass Lewis has backed its offer for Inter Pipeline over a rival bid from Pembina Pipeline Corp.
5 min read · 23 July 2021
KKR has made a "significant" minority investment in Sol Systems, a U.S. renewable energy solutions firm.
4 min read · 22 July 2021
Inter Pipeline’s plans to sell itself to Pembina Pipeline Corp have been dealt a blow after an advisory firm recommended investors reject the deal and instead support a C$8.6 billion (US$6.7 billion) hostile offer from Brookfield Infrastructure Partners, Bloomberg reported.
1 min read · 20 July 2021
Brookfield Infrastructure has completed the sale of Enwave, a Toronto-based energy services provider, through two separate deals with a combined value of $4.1 billion.
2 min read · 19 July 2021
QIC and Ullico have acquired CenTrio, an energy platform.
2 min read · 16 July 2021
Australia’s Spark Infrastructure has rejected a $3.67 billion takeover bid by a consortium that includes KKR and Ontario Teachers’ Pension Plan, but kept its door open to further talks, Reuters reported.
1 min read · 16 July 2021
SCF Partners has made an investment in Aberdeen, Scotland-based Hydrasun, a provider of fluid and gas transfer equipment, services and technology.
2 min read · 16 July 2021
Brookfield Infrastructure Partners raised its hostile offer for Inter Pipeline for a second time to about C$8.58 billion ($6.85 billion) as it battles a rival bid, Reuters reported.
1 min read · 15 July 2021
