Enbridge nears $2 billion deal for Blackstone's Tallgrass pipeline, Bloomberg News reports

Enbridge is in advanced talks to acquire a major U.S. crude-oil pipeline from Blackstone-owned Tallgrass Energy for about $2 billion, according to Bloomberg News. The potential transaction would expand Enbridge's U.S. midstream footprint and represents a notable infrastructure asset sale by a Blackstone portfolio company.