After six-month battle and two raised bids, Inter Pipeline, an oil transporter and developer of a C$4.3B petrochemicals complex in Alberta, is set to link with Brookfield Infrastructure Partners for C$8.6 billion.
French operations of target Suez would be sold later to Meridiam; meanwhile, Canada energy player Brookfield Infrastructure Partners sticks to $5.7B hostile bid for natural gas transporter Inter-Pipeline.