Pembina agreed to acquire the Kakwa sour natural gas processing plant and other assets from Paramount Resources Ltd. (POU) for $556 mm in an all-cash deal plus various future commitments. To help fund the acquisition, the Company’s $345 mm bought deal equity financing closed on March 29, 2016, including a fully exercised over-allotment option. Pembina is increasing its monthly dividend by 4.9% to $0.16 per common share as a result of the accretive transaction. We have maintained our 12-month tar ....
