Monday, June 20, 2011

Inter Pipeline Fund Announces Acquisition of Petroleum Storage Business in Denmark

Inter Pipeline Fund Announces Acquisition of Petroleum Storage Business in Denmark
CALGARY, ALBERTA--(Marketwire - June 20, 2011) - Inter Pipeline Fund ("Inter Pipeline") (TSX:IPL.UN) announced today that it has entered into an agreement to acquire four petroleum storage terminals in Denmark from a subsidiary of DONG Energy A/S, one of the largest energy groups in Northern Europe. The transaction will involve a cash consideration of EUR354 million, or approximately $500 ...

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