Keyera Corp Announces Strategic Acquisition and Funding

Keyera Corp, a leading independent natural gas and liquids midstream company, has entered into a definitive agreement to acquire Plains All American’s Canadian natural gas liquids business. The acquisition is valued at a substantial sum and is expected to significantly expand Keyera’s pipeline system.

Keyera’s Acquisition Details

• Keyera has agreed to purchase Plains All American’s Canadian natural gas liquids business
• The acquisition is valued at a substantial sum
• The deal is expected to expand Keyera’s pipeline system

Funding Arrangement

Keyera has arranged a major funding offering, which will provide the necessary capital to support its growth plans. The funding will enable the company to execute its strategic objectives and drive growth.

Stock Rating Upgrade

BMO Capital has upgraded Keyera’s stock rating, citing the acquisition as a key factor in the decision. The upgrade reflects BMO Capital’s positive assessment of the acquisition and its potential impact on Keyera’s operations and financials.

Keyera’s Outlook

The acquisition and funding arrangement are expected to have a positive impact on Keyera’s operations and financials. The company’s recent developments suggest a strong outlook for the future.