TSX:KEYOil and Gas
Keyera Faces Competition Review As Valuation Signals Possible Upside For Investors
The Canadian Competition Bureau has obtained a court order to advance its investigation into Keyera's proposed acquisition of Plains All American Pipeline's Canadian natural gas liquids business.
The regulator is examining whether the deal could affect competition within the Canadian natural gas liquids sector.
For investors watching Keyera, ticker TSX:KEY, this review comes at a time when the share price is CA$51.73. The stock has had a 16.0% return year to date and a 39.6% return over the...