Brookfield Infrastructure (TSE:BIPC) has released an update.
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Brookfield Infrastructure announces a strategic reorganization of Brookfield Infrastructure Corporation, aiming to preserve the current benefits of its business model while adapting to proposed Canadian tax amendments. The reorganization is expected to offer shareholders an economically equivalent investment, with most investors enjoying a tax-deferred transition. Approval from shareholders and the court is sought, with a detailed proposal to be shared by the end of October.
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