(Reuters) - Enbridge said on Tuesday it has entered into three separate deals with Dominion Energy to buy East Ohio Gas Co, Questar Gas and Public ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Enbridge said on Tuesday it has entered into three separate deals with Dominion Energy to buy East Ohio Gas Co, Questar Gas and Public Service Company of North Carolina for a combined value of $14 billion, creating North America's largest natural gas utility platform.
The deals includes $9.4 billion of cash and $4.6 billion of assumed debt, Enbridge said in a statement.Upon the closing of the three deals, Enbridge will add gas utility operations in Ohio, North Carolina, Utah, Idaho and Wyoming, representing a significant presence in the U.S. utility sector.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Enbridge to purchase three U.S. utilities for $14 billion in cash and debtCALGARY — Enbridge Inc. says it has signed a US$14 billion cash-and-debt deal to purchase three U.S.-based utility companies. The Calgary-based energy infrastructure giant says the three utilities, owned by Dominion Energy, Inc.
Read more »
Enbridge to buy three dominion utilities for US$14 billionPipeline operator Enbridge Inc. agreed to buy three natural gas utilities from Dominion Energy Inc. for US$14 billion.
Read more »
Enbridge to purchase three U.S. utilities for US$14-billion in cash and debtEnbridge says it will finance the deal through a combination of $US9.4 billion of cash consideration and US$4.6 billion of assumed debt
Read more »
Malaysia central bank to hold rates at 3.0% through end-2024: Reuters pollBy Anant Chandak BENGALURU (Reuters) - Bank Negara Malaysia (BNM) will hold its key policy rate at 3.00% on Thursday, adopting the same no-change ...
Read more »
China Seeks $40 Billion Fund to Drive Chipmaking, Reuters SaysChina is seeking to raise a $40 billion fund to bankroll investments in domestic chipmaking and research, Reuters reported, citing unidentified people familiar with the matter.
Read more »
China's exports, imports likely contracted more slowly in August: Reuters pollBEIJING (Reuters) - China's exports likely contracted at a slower pace in August, a Reuters poll showed on Tuesday, highlighting that manufacturers ...
Read more »