Monday, September 9, 2019

Billionaire Li Ka-Shing offered C$12.4 billion for Canada's Inter Pipeline

Billionaire Li Ka-Shing offered C$12.4 billion for Canada's Inter Pipeline. Offer would be worth $30 per share when IPL.TO was trading at $23. Buyout by foreign owner would be reviewed by Govt and a sale to North American buyer would be easier to pass regulatory muster.

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