Workflow
Plains All American Executes Definitive Agreements for $3.75 Billion Sale of NGL Business to Keyera
GlobeNewswire News Room·2025-06-18 04:15

HOUSTON, June 17, 2025 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) (collectively, “Plains”) announced today that it has executed definitive agreements with Keyera Corp. (TSX: KEY) (“Keyera”) pursuant to which Plains will sell substantially all of its NGL business to Keyera for a total cash consideration of approximately 5.15BillionCAD(5.15 Billion CAD (3.75 Billion USD). The transaction is expected to close in the first quarter of 2026, and is subject to cus ...