Dentons Canada advises Special Committee of Inter Pipeline in responding to unsolicited bid from Brookfield by running successful auction process

Dentons Canada advised the Special Committee of the Board of Directors of Inter Pipeline Ltd. in its response to an unsolicited takeover bid by Brookfield Infrastructure Partners L.P. The successful auction process concluded with Brookfield increasing its offer to secure the Board’s support for the acquisition at a valuation of approximately CA$15 billion on an enterprise-value basis.  The Dentons Canada team was comprised of corporate and tax lawyers Bill Jenkins, Jessica Myers, Bennett Wong and Brian Kearl.

The Dentons Canada team, expanded to include Gordon Tarnowsky, Q.C. and Rachel Howie, also advised Inter Pipeline as co-counsel in its successful appearance before the Alberta Securities Commission.

Dentons US LLP advised Inter Pipeline with respect to the US aspects of the Brookfield offer and the subsequent acquisition transaction through a team comprised of Walter Van Dorn, Ausra Deluard, Alice Yurke, Andrea Sharetta and Grant Levine.

Consistently recognized by the legal industry’s most prominent directories, our M&A lawyers utilize their expertise to achieve client goals in Canada and across multiple jurisdictions. Whether acting for domestic or international clients, bidders or targets, financiers or independent board committees, our lawyers combine multidisciplinary and cross-border expertise to provide the best outcome for our clients and their business. We know the players, we know the regulators and we know how to structure a successful transaction.