Gas/LNG
M&A
Markets
Benefits And Strategic Rationale Of Pembina, KKR’s $11.4 Billion Joint Venture ‘Compelling’
Pembina Pipeline Corporation has entered into definitive agreements with KKR to combine their respective western Canadian natural gas processing assets into a single, new joint venture entity (Newco), which will be owned 60 per cent by Pembina and 40 per cent by KKR's global infrastructure funds.
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