Enbridge stock falls on US$14B deal to double gas utility business
The deal would see the Canadian pipeline operator double the size of its gas utility business.
Source: yahoo.com
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The deal would see the Canadian pipeline operator double the size of its gas utility business.
Enbridge Inc. (TSX: ENB) has made significant strides in its expansion strategy by entering into three definitive agreements with Dominion
Dominion Energy's sale of its three natural gas distribution companies to Canada-based pipeline operator Enbridge creates the largest natural gas utility in North America.
Surprise bid draws concern about timing, scale and impact on balance sheet
The energy company is making a big bet on natural gas utilities.