Keyera closes $5.3B Plains acquisition despite challenge by federal competition regulator

A refinery yard with tanks and pipes sits on otherwise brown vacant land with a sign showing 'Plains Midstream Canada.'

Keyera Corp. has closed its deal to buy the Canadian natural gas liquids business of U.S. firm Plains All American Pipeline LP despite a challenge launched by the federal competition regulator. The company says it completed the acquisition Tuesday for $5.3 billion including closing adjustments.

This entry was posted in My Blog. Bookmark the permalink.