Monday, April 28, 2025

A $9.7 Billion Canadian Energy Merger

Heavy oil transporter Pembina to acquire Veresen:  combined EV of $33 billion creates one of the largest Canadian infrastructure companies Western Canada heavyweight Pembina Pipeline (ticker: PPL) announced the acquisition of Veresen (ticker: VSN) today, a $9.7 billion deal. This transaction will create one of the largest energy infrastructure companies in Canada, with a total enterprise value of about $33