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Stock impact report

Shell to sell interest in Colonial Enterprises Inc. to Brookfield subsidiary [Yahoo! Finance]

Brookfield Infrastructure Partners LP Limited Partnership Units (BIP) 
Last brookfield infrastructure partners lp limited partnership units earnings: 2/10 06:44 am Check Earnings Report
US:NYSE Investor Relations: bip.brookfield.com/en
Company Research Source: Yahoo! Finance
in Colonial Enterprises, Inc. ("Colonial") to Colossus AcquireCo LLC, a wholly owned subsidiary of Brookfield Infrastructure Partners L.P. and its institutional partners (collectively, "Brookfield"), for $1.45 billion "This divestment reflects our focus on performance, discipline and simplification," said Andrew Smith , President of Shell Trading & Supply. "It will allow us to concentrate on areas where we have scale and competitive advantage." The transaction is subject to regulatory approvals and is expected to close in Q4 2025. Notes to editors Together with Shell, the co-owners of Colonial Enterprises, Inc. have agreed to sell 100% of their Colonial shares to Brookfield. Colonial is divided among five partners: Shell Midstream Operating LLC (16.125%), Koch Capital Investments Company, LLC (28.088%); KKR-Keats Pipeline Investors, L.P. (23.443%); Caisse de dépôt et placement du Québec (16.549%); and IFM Investors (IFM) (15.795%). The sale values Shell's share of Colonial a Show less Read more
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