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Enbridge to Buy Tallgrass Crude Business for $2.6 Billion

Deals·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Enbridge Inc., the Canadian energy infrastructure giant, reached an agreement to buy Tallgrass Energy’s crude oil business from Blackstone Inc. for about $2.6 billion.

This acquisition marks a significant move for Enbridge as it expands its portfolio in the crude oil sector.

EnbridgeTallgrass EnergyBlackstone

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