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  5. SOBO: Looking at SOBO to replace BCE which am selling ( for tax loss ). [South Bow Corporation]
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Q: Looking at SOBO to replace BCE which am selling ( for tax loss ). Suppose Trump restarts the Keystone XL permit process. Would SOBO be interested and what would be the effect on the stock do you think.? Thanks. Derek.
Asked by Derek on December 04, 2024
5i Research Answer:

We think SOBO would at least be interested and take a look, if available and permitting started again. However it would be a very big bite for a $7 billion new public company, and we would not expect it to go alone. But we would think investors would view any new growth opportunities as positive.