Terasen puts damper on trust conversion talkCompany examining various options to monetize assets; trust would generate cash for pipeline expansion plans Gary Park Petroleum News Calgary Correspondent
Vancouver-based Terasen has doused rumors that it is about to spin off a large stake of its natural gas distribution unit into an income trust.
Canada’s third largest pipeline company is in no hurry to place some of the assets from a unit worth about C$1.7 billion into a trust, said Chief Executive....
[additional news subjects in this story]
Fierce rivalry between Terasen and Enbridge
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