Pembina Pipeline Corporation has terminated its previous agreement to buy Inter Pipeline in the latest twist in the biggest multi-billion fight over pipeline resources control in Canada since 2019. On Monday, Pembina Pipeline said it had terminated its previous arrangement to buy Inter Pipeline in an all-stock transaction that had valued Inter Pipeline's common shares at around US$6.
6 billion (C$8.3 billion), based on the closing price of Pembina's common shares on May 31, 2021. The initial deal, announced in June, was expected to create one of…Pembina Terminates Agreement To Buy Inter Pipeline In All-Stock Deal
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