Less than four months after Kinder Morgan Canada Ltd. concluded a strategic review with a decision to remain independent, the Toronto-listed Kinder Morgan Inc. affiliate agreed to an all-stock buyout offer from Pembina Pipeline Corp. valued at $1.741 billion (C$2.307 billion). Pembina will also acquire the US portion of the 110,000 bbl/d Cochin condensate pipeline from KMI for $1.546 billion cash. KMI owns a 70% voting interest in KML. In addition to the Canadian......
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