UPDATE 1-Kinder Morgan Canada to remain independent after strategic review

Pipeline company Kinder Morgan Canada Ltd said on Thursday it would continue as a stand-alone entity, following a strategic review that considered options including a sale. The company said its decision was consistent with the recommendation of a special committee of independent directors not affiliated with Kinder Morgan Inc, which holds about 70 percent majority voting interest in the Canadian entity. Kinder Morgan Inc said in October that it was exploring all options for Kinder Morgan Canada, as it saw a sellers’ market for the Canadian company’s assets.