Brookfield Infrastructure Stock Price, News & Analysis

Brookfield Infrastructure Partners (BIPC) has announced it will host its second quarter 2024 results conference call and webcast on August 1, 2024, at 9:00 a.m. ET. The results will be released earlier that morning before 7:00 a.m. ET and will be accessible on the company's website. Participants can join the event either via conference call or webcast by pre-registering through the provided links. The pre-registration process will provide participants with a direct passcode and unique PIN, allowing them to bypass the operator and avoid waiting in a queue.

Brookfield Infrastructure (BIPC) announced the results of its annual meeting of shareholders held on June 18, 2024. All eight nominees proposed for election to the board of directors were successfully elected. These nominees were voted in by holders of class A exchangeable subordinate voting shares and holders of class B multiple voting shares. The detailed vote counts are available on SEDAR+. Key voting results include Jeffrey Blidner receiving 93.67% of votes, William Cox with 99.81%, and Roslyn Kelly with 99.86% approval. The Class B Shares held a 75% voting interest, while the Exchangeable Shares represented a 25% voting interest.

Genesee & Wyoming has announced leadership changes effective September 1. Jack Hellmann transitions from CEO to Executive Chairman for North America and UK/Europe, while Michael Miller, with 13 years at G&W, becomes the new CEO. Tim Shoveller is set to join as CEO for UK/Europe operations. Mike Peters is appointed Chief Customer Officer, focusing on enhancing customer experience across G&W’s railroads. These changes aim to drive growth and execute strategic plans within G&W’s extensive rail network, which serves 3,000 customers across North America and Europe.

Triton International Limited (NYSE: TRTN) has announced its acquisition by Brookfield Infrastructure Partners (NYSE: BIP) in a cash and stock deal valued at approximately $4.7 billion. Under the terms, Triton shareholders will receive $85 per share, comprising $68.50 in cash and $16.50 in class A shares of Brookfield Infrastructure Corporation (NYSE: BIPC). This offer represents a 35% premium to Triton's closing share price on April 11, 2023. The transaction is expected to close in Q4 2023, pending shareholder and regulatory approval. Triton aims to maintain its current dividend until closing, and post-transaction, its shares will be delisted from the NYSE. Brookfield has expressed confidence that the acquisition will enhance Triton's operations and support its long-term growth.

Triton International Limited (NYSE: TRTN) has announced its acquisition by Brookfield Infrastructure Partners (NYSE: BIP) in a deal valued at approximately $4.7 billion, representing a total enterprise value of $13.3 billion. Shareholders will receive $85 per share, with $68.50 in cash and $16.50 in Brookfield Infrastructure Corporation (BIPC) shares. This consideration reflects a 35% premium over Triton’s closing share price on April 11, 2023. The transaction has been unanimously approved by Triton's Board of Directors and is expected to close in the fourth quarter of 2023, pending shareholder and regulatory approvals. Triton will maintain its current quarterly dividend until closing, after which its shares will be delisted from the NYSE.

BROOKFIELD, NEWS, June 16, 2022 (GLOBE NEWSWIRE) - Brookfield Infrastructure Corporation (BIPC) announced the successful election of all eight proposed nominees to its Board of Directors during its annual shareholder meeting on June 16, 2022. Exchangeable Shares and Class B Shares holders collectively cast votes, with Exchangeable Shares accounting for 25% and Class B Shares for 75% of total votes. The voting results show strong support, with most nominees receiving over 94% approval. Detailed vote numbers are accessible on SEDAR.