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September's top stories: Enbridge to buy Spectra, Petrobras to sell 90% of NTS unit

2016-10-07 01:00:00| Hydrocarbons Technology

Enbridge has agreed to acquire Spectra Energy for $28bn, and Petrobras has approved the sale of 90% shares of its Nova Transportadora do Sudeste natural gas business division to Brookfield Infrastructure Partners. Hydrocarbons-technology.com wraps up

Tags: top buy sell unit

 

Tundra Energy to acquire pipeline assets in South Prairie from Enbridge for $820.9 million

2016-10-03 01:00:00| Hydrocarbons Technology

Tundra Energy Marketing (TEML), a wholly owned subsidiary of James Richardson & Sons, has signed an agreement to acquire pipeline assets in the South Prairie Region from an affiliate of Canadian-based Enbridge Income Fund for C$1.075 billion ($820.9

Tags: south million energy assets

 
 

Canada pipeline giant Enbridge buys Spectra Energy for Can$37 bn

2016-09-10 06:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Wave: The combination will create the leading energy infrastructure company in North America and one of the leading globally based on a pro-forma enterprise value of about C$165 billion (US$127 billion). That places the deal at $40.33 (U.S.) per Spectra share, an 11.5 percent premium to Spectra's closing price on Friday. Enbridge shareholders are expected to own approximately 57% of the combined company, and Spectra shareholders are expected to own approximately 43%. Monaco said the deal would add Spectra...

Tags: canada energy giant buys

 

M&As this week: Enbridge, BTG Pactual, EOG Resources

2016-09-09 01:00:00| Hydrocarbons Technology

Enbridge Inc has agreed to acquire Spectra Energy Corp for $28bn. The deal will include a transfer of Enbridge shares to Spectra Energy shareholders at a ratio of 0.984:1.

Tags: resources week mas btg

 

Enbridge to acquire US company Spectra Energy for $28bn

2016-09-07 01:00:00| Hydrocarbons Technology

Canadian pipeline operator Enbridge has agreed to acquire US-based Spectra Energy in a deal valued at about C$37bn ($28bn).

Tags: company energy acquire spectra

 

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