Closing date set for $28B acquisition of Houston energy co.

February 23, 2017

A closing date has been announced for one of the largest energy deals in Houston this year.

Canada-based Enbridge Inc.’s (NYSE: ENB) $28 billion deal to acquire Houston-based Spectra Energy Corp. (NYSE: SE) is expected to close Feb. 27, according to a release. All regulatory requirements have been met, including the last hurdle from the Canadian Competition Bureau.

The deal would create a combined company worth $127 billion. Earlier this month, Enbridge cleared its second-to-last regulatory hurdle…

Houston Biz Journal
Closing date set for B acquisition of Houston energy co.

Comments are closed.

Shrimp Tank © 2015