Pembina Pipeline Says Canada OKs Proposed Acquisition Of Enbridge's Interest In Alliance/Aux Sable
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(RTTNews) - Pembina Pipeline Corp. (PPL.TO, PBA) announced Tuesday that it has received a "no-action letter" from the Canadian Competition Bureau confirming that the Commissioner of Competition does not intend to challenge the proposed acquisition by Pembina of Enbridge's interest in the Alliance, Aux Sable, and NRGreen joint ventures.
The receipt of the "no-action letter" satisfies the last material regulatory condition necessary for completion of the Transaction, which is expected to occur on April 1, 2024.
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Pembina Pipeline Closes Acquisition Of Enbridge's Interest In Alliance/Aux Sable
Pembina Pipeline Corp. (PBA, PPL.TO) announced Monday that it has completed its previously announced acquisition of Enbridge Inc.'s (ENB, ENB.TO)interest in the Alliance, Aux Sable, and NRGreen joint ventures. Pembina Pipeline increased its ownership in Alliance and Aux Sable.
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Pembina Pipeline Sets C$880 Mln Capital Investment Program For 2024
While providing financial guidance for the full-year 2024 on Monday, Pembina Pipeline Corp. (PBA, PPL.TO) expects adjusted EBITDA of C$3.725 billion to C$4.025 billion.
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South Korea Inflation Unchanged On Month In October
Consumer prices in South Korea were flat on a seasonally adjusted monthly basis in October, Statistics Korea said on Tuesday.
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China Services PMI Improves To 52.0 In October - Caixin
The services sector in China continued to expand in October, and at a faster rate, the latest survey from Caixin revealed on Tuesday with a PMI score of 52.0.
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Australia Services Sector Accelerates In October - Judo Bank
The services sector in Australia continued to expand in October, and at a faster rate, the latest survey from Judo Bank revealed on Tuesday with a PMI score of 51.0.
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Singapore Private Sector Ebbs In October - S&P Global
The private sector in Singapore continued to expand in October, albeit at a slower rate, the latest survey from S&P Global revealed on Tuesday with a PMI score of 55.5.
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Hong Kong Private Sector Expands In October - S&P Global
The private sector in Hong Kong moved into expansion territory in October, the latest survey from S&P Global revealed on Tuesday with a PMI score of 52.2.
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Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Tuesday, following the broadly negative cues from Wall Street overnight, as traders remained cautious and seemed reluctant to make significant moves ahead of the closely contested US presidential election later in the day and the US Fed's upcoming interest rate decision later this week. Asian markets closed mostly higher on Monday.
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