Pembina to buy Kinder Morgan Canada and Cochin US in $3.25bn deal
Pembina Pipeline Corporation has entered into agreements to acquire Kinder Morgan Canada Limited (KML) and the US portion of the Cochin Pipeline system from Kinder Morgan Inc (KMI) for C$4.35 billion ($3.25 billion) with KML valued at C$2.3 billion and Cochin US at C$2.05 billion. Pembina will...