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Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation system, for more than $9 billion including debt, people familiar ...
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Brookfield nears $9B-plus deal for Colonial Pipeline - Reutersinvestment firm KKR (KKR), infrastructure owner IFM Investors and industrial conglomerate Koch. Bloomberg reported earlier this month that Brookfield (BAM) was leading the race to acquire Colonial ...
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bne IntelliNews on MSNBrookfield to buy Colonial Pipeline for $9bnBy bne IntelliNews Brookfield Infrastructure Partners said on April 3 that it had struck a deal, alongside its institutional partners, to acquire 100% of the midstream asset portfolio Colonial ...
and infrastructure owner IFM Investors Pty with a 15.8% share. Want more news? Listen to today's daily briefing above or go here for more info The deal is expected to close in the fourth quarter.
IFM Investors and KKR acquired their respective ... emerged as the winner of an auction process, which the five owners of the pipeline have been running over several months, to buy Colonial ...
Brookfield, CDPQ, KKR, IFM and Shell declined to comment. A spokesperson for Colonial Pipeline directed questions to its owners. Koch Industries did not immediately respond to a request for comment.
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