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

Source: reuters.com

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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.

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