Brookfield Challenges $289m Breakup Fee on Inter Deal

Brookfield Challenges $289m Breakup Fee on Inter Deal

Brookfield Infrastructure Partners LP urged regulators to nullify a $289m termination fee attached to Pembina Pipeline Corp.’s takeover of Inter Pipeline Ltd. that would kick in if Brookfield manages to kill the deal. The breakup fee “threatens to enrich Pembina” at...
Global Investable Assets Reach Record $250 Trillion

Global Investable Assets Reach Record $250 Trillion

Despite a year of economic uncertainty, financial assets, including stocks, bonds, and other investment funds, globally reached a record $250 trillion in 2020, according to a report by BCG released on Thursday. An additional $235 trillion was in real assets, led by...