Pembina’s $4.35 Billion Acquisition Of KML Assets An ‘Ideal Opportunity’

Pembina Pipeline Corporation’s top executive says the company’s $4.35 billion stock and cash offer to buy Kinder Morgan Canada Limited’s assets and the U.S. portion of the Cochin pipeline system represents an “ideal opportunity” to continue building on its low-risk, long-term, fee-for-service business model while extending its reach into the U.S.

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