Enbridge to acquire all public equity of Spectra Energy Partners; companies hope for Q4 close
Their effort to combine has rumbled through the news for about the past two years. On Aug. 24, 2018, Enbridge Inc. (ticker: ENB) and Spectra Energy Partners, LP (ticker: SEP) announced that they had entered into a definitive agreement under which Enbridge will acquire all of the outstanding public common units of SEP on the basis of 1.111 common shares of Enbridge for each common unit of SEP.

The agreed exchange ratio represents a 9.8% increase to ...

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