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SemGroup and KKR form JV

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World Pipelines,

SemGroup® Corporation and KKR have announced they have formed a joint venture (JV) to create a Canadian midstream infrastructure platform, SemCAMS Midstream ULC. The companies also announced that SemCAMS Midstream has entered into a definitive agreement to acquire Meritage Midstream ULC and its midstream infrastructure assets for CAN$600 million (US$449 million).

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