Brookfield Infrastructure Companions L.P. says it has accomplished the acquisition of Inter Pipeline Ltd.
The transaction was permitted close to unanimously by Inter Pipeline shareholders and acquired closing approval from an Alberta court docket.
READ MORE: Brookfield confident in offer for Inter Pipeline after Pembina terminates rival bid
Shareholders apart from Brookfield Infrastructure had till Tuesday afternoon to obtain $20 in money, one-quarter of a Brookfield share or a mixture of the 2.
Money was the choice choice for holders of 68.7 million Inter Pipeline shares whereas Brookfield shares have been chosen by the holders of 32.4 million shares.
Inter Pipeline shares are anticipated to be delisted from the Toronto Inventory Trade on the finish of Monday buying and selling.
Brian Baker was appointed interim CEO following the resignation of Christian Bayle.
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