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Foreign Energy Giant Snaps Up Houston Based Energy Company For $28 Billion - Forbes

Canada's largest pipeline company just got even bigger. Early Tuesday morning, Enbridge announced its acquisition of Houston based Spectra Energy in an all-stock deal valued at $28 billion USD (C$37 billion). Each Spectra Energy share will be swapped ...and more »

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

A sign warning of a high pressure petroleum pipeline is seen on the "Line 9" Enbridge oil pipeline route in East Don Parkland in Toronto Thomson Reuters (Reuters) - Enbridge Inc, Canada's largest pipeline company, said on Tuesday it would buy Spectra ...and more »

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

Building a pipeline in North America has become a near-impossible odyssey, as the trials and tribulations of the Northern Gateway and Keystone XL projects illustrate. Buying “pipe in the ground” — or an entire company — is becoming a more achievable ...and more »

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

CALGARY — The proposed $37 billion acquisition of Spectra Energy Corp. by Calgary-based Enbridge Inc. announced Tuesday will substantially boost the company's natural gas asset base, giving it a foothold in several critical North American gas markets.and more »

Yedlin: Enbridge boldly positions itself for future - Calgary Herald

For anyone inclined to only think of Enbridge in the context of the Northern Gateway pipeline project, its $37-billion deal to acquire Spectra Energy should put those thoughts to rest. Northern Gateway was, and still is, more important to Canada than ...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 »

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 $37B deal - Toronto Star

CALGARY—Enbridge is making a big bet on natural gas with the $37-billion friendly takeover of Spectra Energy Corp., as it looks to grow while facing severe pushback on infrastructure projects. The all-stock deal with Houston-based Spectra will create ...and more »

More Squawk from Jim Cramer: Enbridge Buying Spectra Energy (SE) Is 'Great Deal' for Both - TheStreet.com

Updated from 10:11 AM EDT. NEW YORK (TheStreet) -- Shares of Spectra Energy (SE) were spiking 14.58% to $41.42 in mid-afternoon trading on Tuesday after Canadian pipeline company Enbridge (ENB) said it would acquire the company in a $28 billion ...and more »

Enbridge to buy Spectra Energy for $37 billion - Business in Vancouver

Alberta-based Enbridge Inc. has finalized an agreement to purchase Spectra Energy Corp in a deal worth $37 billion. The transaction will create North America's biggest energy infrastructure company. The value of the combined entity is pegged at $165 ...and more »