We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Pipe dream

1 May 2017 By Lauren Silva Laughlin

Pembina’s C$5.7 bln bid for Veresen comes after rising oil prices and hopes of favorable U.S. policies lifted valuations. But the 4 pct drop in the buyer’s stock suggests investors still require the basics: cost cuts that cover the deal premium and down-to-earth expansion plans.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)