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Enbridge Acquires Tallgrass Crude Oil Business for $2.6 Billion

Key takeaways

  • Enbridge Inc. has agreed to purchase Tallgrass Energy's crude oil business from Blackstone for approximately $2.6 billion, enhancing its energy portfolio.
#Energy#Mergers and Acquisitions#Crude Oil

Analysis

Enbridge Inc. has agreed to purchase Tallgrass Energy's crude oil business from Blackstone for approximately $2.6 billion, enhancing its energy portfolio.

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