Enbridge Agrees With Wholly-Owned Subsidiaries Of Tallgrass Energy To Acquire Its Crude Oil Business For Cash Consideration Of $2.55B
Enbridge Inc. (TSX:ENB) (NYSE:ENB) ("Enbridge" or the "Company") announced today that, through a wholly-owned subsidiary, it has entered into a definitive agreement with wholly-owned subsidiaries of
Enbridge is buying a crude oil business from Tallgrass Energy for $2.55 billion. When a company buys another business, watch whether it helps them make more money or if it costs them too much.
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