$28B Enbridge, Spectra deal secures US regulatory approval
February 21, 2017
Energy Marketing | Houston, TX | Corporate Acquisition
Enbridge (TSX: ENB) and Spectra Energy (NYSE: SE) have received approval from the US FTC for their previously announced merger, a stock-for-stock deal that values Spectra Energy at approximately C$37 billion (~$28 billion). The deal is still awaiting approval under the Canadian Competition Act.