Brookfield Infrastructure Partners L.P. Unitholders Approve Proposed Corporate Simplification
Key Highlights
- ➤BIP unitholders approved both simplification resolutions with over 99% of votes cast
- ➤BIP conversion into a Canadian corporation is expected before end-2026, pending court approval
- ➤BIPC shareholders vote October 29, 2026; board unanimously recommends approving the simplification
- ➤Approved deal would give BIP unitholders and BIPC exchangeable holders BIP Inc. Class A shares
- ➤BIPC rejection would leave exchangeable shares separate, with expected lower liquidity and limited index participation
BROOKFIELD, NEWS, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) today announced that BIP unitholders voted overwhelmingly in favor of the resolutions approving the proposed corporate structure simplification (the “Simplification”) at a special meeting held virtually earlier today (the “Unitholders’ Meeting”). Completion of BIP’s conversion into a Canadian corporation is not conditional on approval by shareholders of Brookfield Infrastructure Corporation (“BIPC”) (TSX, NYSE: BIPC) and, subject to receipt of the final order of the Supreme Court of British Columbia approving the Simplification, is expected to occur before the end of 2026.
Brookfield Infrastructure also reminds BIPC shareholders that the rescheduled special meeting of shareholders of BIPC (the “Shareholders’ Meeting”) will be held on October 29, 2026 at 9:00 a.m. EDT.
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