Pembina and Inter Pipeline Successful in Alberta Securities Commission Hearing
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CALGARY, AB, July 12, 2021 /PRNewswire/ - Pembina Pipeline Corporation ( Pembina ) (TSX: PPL) (NYSE: PBA) today announced that the Alberta Securities Commission (the ASC ) has dismissed, in its entirety, Brookfield s application to terminate Pembina s proposed plan of arrangement with Inter Pipeline Ltd. ( IPL or Inter Pipeline ) and has upheld the break fee that may be paid by IPL to Pembina under that arrangement in certain circumstances.
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