TC Energy Corporation (TRP) , a major North American energy sector player, received its shareholder approval to spin off its liquids pipeline business. This strategic move is expected to result in the formation of a new entity, South Bow Corp, which would inherit TRP's extensive liquids pipeline assets, including the renowned Keystone pipeline. This spin-off is aimed at reducing the substantial debt of TC Energy and sharpening its focus on natural gas transportation. Overview of the Spin-off Creation of Sou ...