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'Third time lucky': Acquisitive Pembina finally gets Inter Pipeline, topping Brookfield's hostile bid


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CALGARY After previous failed attempts, Pembina Pipeline Corp. has a deal in place to buy rival Inter Pipeline Ltd. that tops a hostile bid from Brookfield Infrastructure Partners.
“I’ve been thinking about this for 10 years. This is my third try,” Pembina president and CEO Mick Dilger said on a Tuesday conference call announcing the all-share deal, which values Calgary-based Inter Pipeline’s equity at $8.3 billion. Dilger said he last attempted to buy Inter Pipeline roughly eight years ago but wasn’t successful. This attempt, he said, is “third time lucky.”
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Nova Scotia , Prince Rupert , British Columbia , Canaccord Genuity , Greg Southam Postmedia , Margaret Mckenzie , Mark Carney , Todd Korol , Mick Dilger , John Bereznicki , Geoffrey Morgan , Tc Energy Corp , Enbridge Inc , National Post File , Pembina Pipeline Corp , Provident Energy Ltd , Toronto Stock Exchange , Veresen Inc , Postmedia Network Inc , Brookfield Asset Management Inc , Inter Pipeline Ltd , Brookfield Infrastructure Partners , Acquisitive Pembina , Inter Pipeline , Pembina Pipeline , Brookfield Infrastructure ,

Rogers-Shaw merger leaves Wind founder disappointed, but not surprised


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When Anthony Lacavera saw that Rogers Communications Inc. was buying western rival Shaw Communications for more than $20 billion earlier this week, the telecom industry veteran was a little disappointed but not surprised.
Lacavera, after all, founded Wind Mobile in 2008 as an upstart wireless provider, and battled against regulators and Canada’s big three telcos for years before Shaw finally absorbed Wind and rebranded it as Freedom Mobile in 2016.
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Rogers-Shaw merger leaves Wind founder disappointed, but not surprised Back to video
While the emotional connection to Wind has diminished, watching the budget-friendly carrier go the way of the big three still brought a twinge. ....

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10/3 podcast: What Joe Biden killing Keystone XL means for Alberta

The Keystone XL pipeline project has long been a sticking point in both Canadian and American politics. It has been a hot potato for successive American presidents, and Alberta Premier Jason Kenney bet big, with more than a billion in investment, plus loan guarantees. But now, the new U.S. president has put a stop to it. Calgary Herald columnist Chris Varcoe joins me to discuss Joe Biden’s motives for cancelling the project, what the. ....

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