Keyera Corp. logo is shown in this undated handout photo. The Canadian Press/HO, Keyera Corp.
The Competition Bureau says it has obtained a court order to gather information related to Keyera Corp.’s proposed deal to buy the Canadian natural gas liquids business of U.S. firm Plains.
The watchdog, which opened a review into the potential merger last June, says it is investigating whether the proposed $5.15-billion transaction would likely result “in a substantial lessening or prevention of competition in the Canadian oil and gas industry.”
