Enbridge offers $11.4 billion in stock to investors in four affiliate companies

CALGARY — Enbridge Inc. is proposing a series of transactions with its co-investors in four affiliated businesses, who are being offered company shares worth a total of about $11.4 billion based on current stock prices. If the transactions unfold as anticipated, investors in all the companies and limited partnerships would hold shares in Enbridge, one […] Read The Rest at :