OTCPK:ICPVF - Post by User
Comment by
Quintessential1on Dec 16, 2020 6:57am
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Post# 32116678
RE:RE:Pembina/Kuwait shelving their Polypropolene Plant...........
RE:RE:Pembina/Kuwait shelving their Polypropolene Plant...........Rakaposhi wrote:
and with that, I suspect IPL will be in play again with regards to Heartland. I would not be surprised if PPL makes a run at it. IPL has pipes as does PPL and now with the PPL poly plant on hold, taking over IPL would be a very simple fit really. PPL has the money and equity to do it. Frankly, they'd be silly not to. They get their PP plant sooner and expand their footprint in the pipeline business. With all the consolidation going on, there is no better overlap than PPL and IPL.
Exactly the scenerio I was about to suggest. An all stock M&A like the one that just took place between Cenovus and Husky would not be unwelcome to me. I was looking at buying PPL anyway.