Pembina Pipeline Corporation Announces Acquisition of Strategic Midstream Assets for $556 Million and a Dividend Increase

CALGARY, March 17, 2016 /CNW/ – Pembina Pipeline Corporation (“Pembina” or “the Company”) (TSX: PPL; NYSE: PBA) is pleased to announce that it has entered into agreements to acquire certain sour natural gas processing assets (the “Acquired Assets”) from Paramount Resources (“Paramount”)…