Enbridge-Spectra Deal Under Review By Ontario Energy Board

The Ontario Energy Board is examining Enbridge Inc.’s $37-billion deal to purchase Houston-based Spectra Energy Corp., in order to decide whether it ought to approve the resulting change in ownership of Spectra’s Union Gas subsidiary.

Enbridge claims that it plans to maintain separate operations for Toronto-based Enbridge Gas Distribution and Chatham, Ontario-based Union Gas, which altogether provide most of Ontario’s gas supply.


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