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Enbridge buying Spectra Energy for $37B in stock to create pipeline giant - CBC.ca

Enbridge Inc. of Calgary plans to buy Houston-based Spectra Energy Corp. for stock worth $37 billion. The combination of the two pipeline companies would create a North American energy infrastructure giant, to be called Enbridge Inc. and headquartered ...and more »

Enbridge to Buy Spectra Energy in $28 Billion Deal - Wall Street Journal

CALGARY, Alberta—Canadian pipeline operator Enbridge Inc. ENB 0.84% on Tuesday agreed to buy Houston's Spectra Energy Corp. SE 4.71% in an all-stock deal valued at about $28 billion, creating a North American energy-infrastructure giant at a time when ...and more »

Enbridge and Spectra agree Canada's biggest ever corporate deal - World Finance

On September 6, Canadian pipeline operator Enbridge agreed to buy fellow line owner Spectra Energy Corp, in what will be the largest foreign purchase in Canada's financial history. The multibillion dollar merger will create the biggest energy ...and more »

Enbridge just announced a $28 billion deal to create North America's largest pipeline company - Business Insider

(Reuters) - Enbridge Inc, Canada's largest pipeline company, said on Tuesday it would buy Spectra Energy Corp in an all-stock deal valued at about C$37 billion ($28 billion) to create the largest North American energy infrastructure company. Enbridge's ...and more »

Enbridge's $37B all-stock Spectra Energy offer to create North American pipeline giant - bnn.ca

Canada's largest pipeline company Enbridge Inc (ENB.TO) said on Tuesday it would buy Spectra Energy Corp of Houston in an all-stock deal valued at about $37 billion to create the largest North American energy infrastructure company. The takeover, the ...and more »

Enbridge set to take over most of BC's gas pipelines - CBC.ca

Enbridge, the company behind the controversial Northern Gateway oil sands pipeline project, is set to take over 55 per cent of B.C.'s gas pipelines as well as major gas processing plants. As part of a merger with Houston-based Spectra announced Tuesday ...and more »

Analysis: Enbridge bets on natural gas with Spectra deal as it jockeys for market share - Financial Post

"Our desire here is all driven by the fundamentals of natural gas and the future," said Al Monaco, president and CEO of Enbridge. Jesse Snyder. September 6, 2016 6:02 PM EDT. Filed under. Commodities · Energy. Comment. Facebook. Twitter. Reddit. Email ...and more »

Yedlin: Enbridge boldly positions itself for future - Calgary Herald

Enbridge Inc. president and CEO Al Monaco, left, and Greg Ebel, chairman, president and CEO of Spectra Energy Corp.,shake hands after announcing a $37-billion merger on Tuesday. Kevin Van Paassen / The Canadian Press Images. Share Adjust Comment Print ...and more »

Why Enbridge paid $37-billion for Spectra – and also sought Hydro One - The Globe and Mail

In the middle of a merger era, and in the aftermath of a major acquisition by its chief Canadian rival, it can seem like Enbridge Inc. is shelling out $37-billion for Spectra Energy Corp. to stay toe-to-toe with its competitors. That narrative, however ...and more »

Varcoe: If you can't build pipelines, buy 'pipe in the ground' - Calgary Herald

An Enbridge employee walks past signage at the head office in Calgary, on September 6, 2016. Crystal Schick / Postmedia. Share Adjust Comment Print. Building a pipeline in North America has become a near-impossible odyssey, as the trials and ...and more »