Brookfield Infrastructure Closes Strategic Acquisition Of Inter Pipeline
Oct 28, 2021•almost 4 years ago
Acquiring Company
Brookfield Infrastructure
Acquired Company
Approximately Million Additional Inter Pipeline Ltd. Shares
Description
Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, "Brookfield Infrastructure") and Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) are pleased to announce the successful completion of Brookfield Infrastructure's strategic acquisition of Inter Pipeline pursuant to the previously announced statutory plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement").
FundzWatch™ Score
79
High M&A Activity
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed