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Pembina Pipeline to buy Veresen Inc. in friendly stock and cash deal
CALGARY -- Pembina Pipeline Corp. announced Monday a $9.7-billion friendly takeover offer for Veresen Inc. in the latest case of energy companies pushing for scale and diversification in uncertain times.
Pembina Pipeline Corp. Announces Acquisition of Veresen Inc.  The Motley Fool Canada
Pembina Pipelines purchases Veresen Inc. in multi-billion dollar deal  Prince Rupert Northern View
CALGARY, Oct. 18 /CNW/ - Fort Chicago Energy Partners L.P. ("Fort Chicago") announced today that upon its conversion to a corporation effective January 1, 2011, as discussed further in this news release, the new corporation will be named Veresen Inc ...
Veresen Inc. Is up Over 37% This Year: Is it Still a Good Buy?
In May, Pembina Pipeline Corp. (TSX:PPL)(NYSE:PBA) announced that it would be purchasing Veresen in a friendly takeover as it believed the acquisition would strengthen the two companies by combining complementary, yet different operations.
Veresen re-applies to build $10 billion Jordan Cove LNG project in Oregon
Veresen Inc., whose proposal to build an LNG export terminal in Oregon was derailed by regulators last year, has resubmitted its application for a bigger, more expensive project.
Canadian firm applies to build $10-billion Jordan Cove LNG project in Oregon  CTV News
Veresen Tries Again for FERC OK to Build Jordan Cove LNG, Pacific Connector  Natural Gas Intelligence
Veresen selling power generation business for $1.18B
Veresen Inc. is selling its power generation business to several buyers for a total of $1.18 billion. Veresen's power business includes a combination of gas-fired, hydroelectric, wind and other types of alternative energy sources across Canada and in ...
Veresen sells power generation business in three deals worth US$1.18B total  BNN
Veresen Inc. Investors Are Gambling on its 9.4% Dividend
However, Veresen's $7 billion Jordan Cove terminal, a natural gas project, is being built with the anticipation of demand rather than secured bids.
Veresen Inc. to sell power generation assets, shift focus to midstream natural gas
"When Veresen signed that deal with Encana, that was a big signal to me that they were serious about getting into the midstream processing business," Bumstead said.
'It's a high-risk game': Veresen Inc puts everything on the line with Jordan ...
Don Althoff is betting the fate of his $5 billion company on a natural gas export project that - seven months before a potential positive investment decision - has yet to secure a single buyer.
Veresen Inc to sell power division, faces pushback on West Coast LNG development
The sale of those assets will allow Veresen to pay down debts, which currently stands at five times its earnings before interest, taxes, depreciation and amortization, the company said.
Pembina & Veresen Announce Veresen Shareholder Approval of Business Combination
CALGARY, July 11, 2017 /CNW/ - Pembina Pipeline Corporation (TSX: PPL; NYSE: PBA) ("Pembina") and Veresen Inc. (TSX: VSN) ("Veresen") are pleased to announce that Veresen shareholders, at Special Meetings of Veresen's common and preferred shareholders ...