New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 8, 2013
05:55 EDTBIP, BIPBrookfield Infrastructure management to meet with RBC Capital
Meetings to be held in Toronto/Montreal on March 13 hosted by RBC Capital.
News For BIP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 19, 2014
07:12 EDTBIPBrookfield Infrastructure upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse upgraded Brookfield Infrastructure to Outperform based on mispriced distribution growth, organic development, and relative valuation. Price target raised to $46 from $42.
November 6, 2014
07:40 EDTBIPBrookfield consortium to acquire 50% stake in TDF for $2.2B
Brookfield Infrastructure announced that it has committed to acquire, in accordance with French practice, TDF, the largest independent communication tower infrastructure business in France. Under this commitment, a Brookfield consortium would be acquiring 50% of the business for an enterprise value of approximately $2.2B. The other 50% of the business would be acquired by other transaction partners. It is expected that Brookfield Infrastructure's equity commitment towards this investment would be approximately $500M and would represent approximately a 23% interest in TDF. This transaction is subject to completion of customary labor consultation under French labor law, satisfactory to the seller, and other customary closing conditions including regulatory approvals expected to be completed in the first quarter of 2015.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use