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      Keyera’s Acquisition of Plains’ NGL Business Delayed

      Keyera Corporation, listed on the Toronto Stock Exchange as KEY, is experiencing a delay in its acquisition of Plains All American's Canadian natural gas liquids (NGL) business due to a procedural review. The acquisition, which was anticipated to close sooner, is currently on hold as the review process unfolds.

      This transaction involves a significant package of NGL assets that Keyera plans to integrate into its existing midstream operations. The delay raises concerns regarding the valuation gap and the coverage of dividends for investors, as the integration of these assets is crucial for Keyera's strategic positioning in the North American gas liquids market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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