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Brookfield Infrastructure Announces Reorganization Completion
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Brookfield Infrastructure Announces Reorganization Completion

Story Highlights
  • Brookfield Infrastructure’s reorganization plan is approved and set for December 24, 2024.
  • BIPC shareholders will receive new exchangeable shares on major stock exchanges.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Brookfield Infrastructure (BIP) has released an update.

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Brookfield Infrastructure has announced the approval and imminent implementation of its reorganization plan, set to take effect before December 24, 2024. This reorganization involves BIPC shareholders receiving new exchangeable shares that maintain the same economic and governance benefits. The new shares will be traded on both the Toronto Stock Exchange and New York Stock Exchange.

For further insights into BIP stock, check out TipRanks’ Stock Analysis page.

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