11:51 AM EST - Provident Energy Ltd. : and Pembina Pipeline Corporation announced today that they have received clearance from the Competition Bureau of Canada to proceed with Pembina's proposed acquisition of Provident by way of its previously announced plan of arrangement. The parties previously received clearance to proceed with the Arrangement pursuant to the Canada Transportation Act. The receipt of these clearances satisfies two of the closing conditions of the Arrangement between Pembina and Provident. Provident Energy Ltd.
shares T.PVE are trading unchanged at $11.88.
