Pembina Pipeline Says Canada OKs Proposed Acquisition Of Enbridge's Interest In Alliance/Aux Sable
(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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217 days ago
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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329 days ago
Eurozone Investor Sentiment Improves For Second Month - Sentix
Investor confidence in the euro area strengthened for a second straight month in November amid a modest improvement in the economic data from Germany and optimism about the outcome of the presidential election in the U.S., while markets continue to look for some solid stimulus news from China, results of the closely watched Sentix survey showed on Monday.
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6h 40min ago
U.S. Factory Orders Decrease In Line With Estimates In September
New orders for U.S. manufactured goods declined in line with economist estimates in the month of September, according to a report released by the Commerce Department on Monday. The Commerce Department said factory orders fell by 0.5 percent in September, matching expectations.
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7h 24min ago
Dollar Index Edges Up As Markets Eye Vote And Fed
Currency market movements during the week ended November 1 were dominated by uncertainty surrounding the U.S. Presidential election as well as the Fed's impending interest rate review.
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10h 12min ago
Bay Street Likely To Open On Positive Note
The Canadian market is likely to open on a firm note Monday morning with energy stocks finding support on rising crude oil prices. With U.S. presidential election happening on Tuesday and the Federal Reserve's monetary policy announcement due on Wednesday, the mood in the market is likely to be a bit cautious.
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10h 43min ago
Sensex Drops 942 Points; Nifty Ends Below 24,000
Indian shares tumbled on Monday, as heightened tensions in the Middle East along with anxiety ahead of this week's U.S. presidential election and the Federal Reserve's interest-rate decision dented investors' appetite for risk.
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12h 37min ago
Eurozone Manufacturing Downturn Continues
The euro area manufacturing downturn continued in October albeit at the slowest pace in five months, survey data published by S&P Global showed on Monday. The HCOB manufacturing Purchasing Managers' Index increased to 46.0 in October from 45.0 in September. The flash score was 45.9. The score suggests that the sector posted its slowest fall since May.
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12h 50min ago
