(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.
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