Acquiring Company
Plains All American Pipeline
Acquired Company
Keyera
CalgaryCalgaryEnergyOil And GasEnergyOil And GasDescription
Plains All American Pipeline completed the sale of its Canadian natural gas liquids business to Keyera on May 12. This transaction is part of Plains' strategy to focus on its crude oil midstream operations. The sale contributed significantly to Plains' financial position, marking a critical step in its transition. Overall, this acquisition solidifies Plains' commitment to becoming a pure-play crude oil provider.
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Based on deal dataFrequently asked
Who acquired Keyera?
Keyera was acquired by Plains All American Pipeline, based in Calgary. The deal was reported on August 17, 2026. Plains All American Pipeline LP is a publicly traded master limited partnership that provides transportation, storage, and logistics services for crude oil and natural gas liquids. Plains All American Pipeline is publicly traded (PAA) and operates in Energy.
When did Plains All American Pipeline acquire Keyera?
Plains All American Pipeline's acquisition of Keyera was reported on August 17, 2026. Plains All American Pipeline completed the sale of its Canadian natural gas liquids business to Keyera on May 12. This transaction is part of Plains' strategy to focus on its crude oil midstream operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Keyera do?
Keyera Corp is a company engaged in natural gas processing and transportation. It focuses on providing natural gas liquids and related services in Canada. It is privately held, operating in Energy, and is based in Calgary.