Keyera Faces Antitrust Hurdle in $2.8 Billion Plains NGL Deal as Competition Bureau Objects
the deep dive [Unofficial]
May 5, 2026
Keyera (TSX: KEY) is facing a significant regulatory obstacle in its $2.8 billion acquisition of Plains’ Canadian natural gas liquids (NGL) business, with Canada’s Competition Bureau filing an application to the Competition Tribunal to challenge the deal just days before its expected closing in May 2026. The Calgary-based energy infrastructure company confirmed the Commissioner of […]
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