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.
