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    IPL   CA45833V1094

INTER PIPELINE LTD.

(IPL)
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Inter Pipeline : CEO, CFO to step down; Brookfield executives to assume interim roles

09/22/2021 | 09:45pm EST

(Reuters) - Inter Pipeline Chief Executive Officer Christian Bayle and Chief Financial Officer Brian Heagy will step down from their posts on Oct. 28, the Canadian energy infrastructure firm said on Wednesday.

Brian Baker and Paul Hawksworth, executives at Brookfield Infrastructure that bought a controlling stake in the pipeline operator last month, will assume the roles of interim CEO and CFO, respectively, Inter Pipeline added.

Brookfield Infrastructure had received 65.6% shares of Inter Pipeline in its takeover bid for the Canada-based pipeline operator, bringing to an end a five-month bidding war.

An Inter Pipeline meeting of shareholders to approve the changes will take place on Oct. 28.

(Reporting by Vishal Vivek in Bengaluru; Editing by Rashmi Aich)


ę Reuters 2021
All news about INTER PIPELINE LTD.
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10/28Brookfield Infrastructure completes acquisition of Inter Pipeline; IPL to be delisted
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Analyst Recommendations on INTER PIPELINE LTD.
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Financials
Sales 2021 2 690 M - -
Net income 2021 305 M - -
Net Debt 2021 - - -
P/E ratio 2021 18,6x
Yield 2021 2,51%
Capitalization 8 207 M 6 594 M -
Capi. / Sales 2021 3,05x
EV / Sales 2022 3,08x
Nbr of Employees 1 656
Free-Float -
Chart INTER PIPELINE LTD.
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Inter Pipeline Ltd. Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Managers and Directors
Brian Baker Chief Executive Officer & Director
Paul Hawksworth Chief Financial Officer
Deborah Close Chairman
Richard Sawyer Vice President-EH&S & Technical Services
Bernard Perron Senior VP-Projects & Operations Services
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