Kinder Morgan hires TD to sell Canadian business, contend sources

Kinder Morgan Inc. has hired investment bank TD Securities to promote a intensity sale of a Calgary-based Canadian business, that could fetch a U.S. tube user as most as $2.4 billion, people informed with a conditions told Reuters this week.

The pierce comes about dual weeks after Kinder Morgan sealed a sale of a Trans Mountain tube to a Canadian supervision for about C$4.5 billion.

At a discussion progressing this month, Kinder Morgan Chief Executive Steven Kean indicated his eagerness to sell a rest of a Canadian business.

Spokeswomen for TD and Kinder Morgan declined to comment.

Article source: https://www.cbc.ca/news/canada/calgary/kinder-morgan-td-canada-1.4824202?cmp=rss