Bullboard - Stock Discussion Forum Enbridge Inc T.ENB

Alternate Symbol(s): T.ENB.PF.U | T.ENB.PR.P | ENBOF | T.ENB.PF.V | T.ENB.PR.T | T.ENB.PR.A | EBBGF | T.ENB.PR.V | EBGEF | ENBRF | T.ENB.PR.B | EBBNF | T.ENB.PR.Y | ENB | T.ENB.PR.D | T.ENB.PR.Z | T.ENB.PR.F | ENBFF | T.ENB.PF.A | T.ENB.PR.G | ENBGF | T.ENB.PF.C | T.ENB.PR.H | ENBHF | ENNPF | T.ENB.PF.E | T.ENB.PR.I | EBRGF | T.ENB.PF.G | T.ENB.PR.J | ENBMF | T.ENB.PF.K | T.ENB.PR.N | ENBNF | EBRZF

Energy Oil & Gas Midstream

Enbridge Inc. is an energy transportation and distribution company. The Company operates through five business segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Liquids Pipelines consists of pipelines and terminals in Canada and the United States that transport and export various grades of crude oil and... see more

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TSX:ENB - Post Discussion

Enbridge Inc > How are they paying for this?

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Post by andy604 on Sep 07, 2021 10:43pm

How are they paying for this?

Maybe some cash and shares i would think, 3 billion is a lot of money to pay ,any suggestions?

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Comment by TickerTwit on Sep 08, 2021 6:26am

Current assets seem too low for much cash to be used, and interest rates are low, so my guess is it will chiefly be debt. .

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Comment by ckwong on Sep 08, 2021 8:21am

Good question. According to the following presentation going along with the press release, it is cash transaction: https://www.enbridge.com/~/media/Enb/Documents/Investor%20Relations/2021/Project_Nimitz_IR_Deck_Final.pdf Page 5. Agreed to acquire ModaMidstream Operating,LLC (“Moda”) in an all-cash transaction that values the enterprise at USD $3.0 billion on a debt-free basis This means ENB ...more

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