Brookfield Infrastructure (BIP) has released an update.
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Brookfield Infrastructure is set to reorganize Brookfield Infrastructure Corporation to adapt to proposed Canadian tax law changes and maintain its current business advantages, ensuring shareholders receive equivalent economic benefits and governance. The move, expected to be tax-deferred for most investors, will involve a shareholder vote and aims to complete by the end of 2024.
For further insights into BIP stock, check out TipRanks’ Stock Analysis page.