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Market Chatter: Brookfield Infrastructure Said to Consider $5 Billion Sale of NorthRiver Midstream

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Brookfield Infrastructure (BIPC) is mulling a potential sale of NorthRiver Midstream at roughly 7 billion Canadian dollars ($5 billion), Reuters reported Friday, citing people familiar with the matter.

In recent weeks, Brookfield Infrastructure has been working with bankers to seek out potential interest in the Canadian natural gas-focused pipeline operator, the report said, citing the sources.

Brookfield Infrastructure didn't immediately reply to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $42.22, Change: $-0.37, Percent Change: -0.87%

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