B.C. gas firm's rules to ease: Critics say Terasen could be swallowed by foreigners and its head office moved.

Article Abstract:

Terasen Inc., Canada's third-largest pipeline operator claimed that B.C.'s Liberal government will ease its ownership restrictions on the firm, however, critics fear that the company could be swallowed by the foreigners and its head office moved out of the province. Liberal members of the B.C. Legislature in Victoria are expected to pass a sweeping energy bill before the fall session wrap up November 27, 2003.

Sales, profits & dividends, Securities issued, listed, Ontario, Securities, Company sales and earnings, Growth, Company earnings/profit, Company securities, Company growth

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Kinder Morgan enters oil sands with $3-billion Terasen purchase

Article Abstract:

United States based Kinder Morgan is acquiring Alberta based Terasen Inc. Kinder Morgan is an energy giant. The consideration for acquisition is $3.1 billion US dollars.

United States, Canada

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Fortis snaps up Terasen's gas utility business

Article Abstract:

The acquisition of Terasen Inc. from Kinder Morgan Inc. by Fortis Inc. is described.

Parent-to-subsidiary activities, Subsidiary-to-parent activities, Subsidiaries, divisions and units, Fortis Inc. (New York, New York)

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