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Enbridge Bets $2.6B on Tallgrass to Expand Rockies-to-Cushing Crude Network
Source: marketbeat.com
M&A & RestructuringEnergy Markets & PricesTransportation & LogisticsInfrastructure & Defense
Enbridge will acquire Tallgrass Energy's crude-oil transportation business for $2.6 billion. The deal expands Enbridge's pipeline and storage footprint in the Rockies and strengthens links between major North American production basins and end markets, supporting its midstream infrastructure scale.
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