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Enbridge to Acquire Tallgrass Crude Oil Business in $2.55 Billion Deal
Enbridge is set to expand its U.S. crude oil pipeline operations through a $2.55 billion cash deal with Blackstone-owned Tallgrass Energy. The Canadian pipeline company said Wednesday that the acquisition will give it a majority stake in the Pony Express Pipeline and several related crude oil assets. Enbridge will purchase a 75% interest in Pony […]
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