19.03.2024 12:25:26 - dpa-AFX: Pembina Pipeline Says Canada OKs Proposed Acquisition Of Enbridge's Interest In Alliance/Aux Sable
OTTAWA (dpa-AFX) - 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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