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Enbridge Income Fund Holdings Inc. EBGUF

Energy Oil & Gas Midstream
"Enbridge Income Fund Holdings Inc is engaged in the generation, transportation and storage of energy through its green power generation facilities, liquids transportation and storage facilities."


GREY:EBGUF - Post by User

Enbridge Income Fund Holdings Inc. > Just too be clear on this offer?
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Comment by Sadie222on May 18, 2018 11:18pm
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Post# 28055776

RE:RE:RE:RE:RE:RE:Just too be clear on this offer?

RE:RE:RE:RE:RE:RE:Just too be clear on this offer?The market did the valuation. The conversion is based on market pricing. The premium might be to diffuse some of the angst over the div reduction, or it might be something else. ENB isn’t buying something they don’t already own as majority shareholder, so it’s not your conventional takeover.
whethere the valuation is fair is another question, which the review committee will look at. There is no guarantee that the market pricing is fair value for either company.
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