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Enbridge to buy three utilities from Dominion in deals valued at $14 billion

The deals for East Ohio Gas, Questar Gas, and Public Service Co of North Carolina will consist of $9.4 billion in cash and $4.6 billion of assumed debt and marks a significant expansion of Enbridge's business in the U.S. U.S.-listed shares of Enbridge were down 6.5% at $33.01 in extended trading after the company also announced a C$4 billion ($2.93 billion) bought-share sale to fund a portion of the deal.
United States North Carolina Shailesh Kuber Arunima Kumar Patrick Murray Dominion Energy
Source: yahoo.com

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