TC Energy To Spin-Off South Bow On October 1, 2024

(Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images On September 09, 2024, TC Energy Corp (NYSE, TSX: TRP, $45.88, Market Capitalization:$47.5 billion) announced the distribution record date and timelines for a tax-free spin-off of the Liquids Pipelines business into South Bow Corporation (South Bow). As per the arrangement, TC Energy Corp. (TC Energy) shareholders will keep their stake in TC Energy and gain a proportional interest in Sout ...