Alaskan Pipeline Passes $1.5B Investment, Is Going Public

Alaska Pipeline Company is going public at $8 per share.

Alaska Pipeline Company, the world’s largest pipeline builder, is going private on Monday.

The company, which is based in Alaska, was valued at $3.5 billion in 2012, and has since become a leader in oil pipeline projects.

It also owns the Alaska Native American tribe of Alaskans.

It said Monday’s offering raised $1 billion, making it the world-class pipeline builder.

The price is subject to customary closing conditions.

Alaskan, whose owners were originally from Canada, bought the pipeline business from Canadian oil giant Nexen in 2006.

Alaskas pipeline project has generated a lot of controversy.

It was criticized for polluting the Great Lakes, as well as for being too expensive for most people.

In April, the company agreed to settle a lawsuit over its environmental impact report and agreed to pay $1 million in civil penalties to the U.S. Environmental Protection Agency.

Alas, Alaskanas oil spill response is still under way.

Alaska Native tribes have been calling for better safety standards for oil pipeline systems, as part of a lawsuit filed by the Obama administration in March.

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