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Inter Pipeline Announces Acquisition of Multinational European Bulk Liquid Storage Business

Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) announced today that its European storage subsidiary, Inter Terminals Ltd., has entered into an agreement to acquire 100 percent of the issued share capital of NuStar Energy, L.P.'s European bulk liquid storage business ("NuStar Europe") for cash consideration of USD$270 million, or approximately CAD$354 million. Read more »

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