Report
Joe Gemino

We Expect Best Idea Enbridge Inc to Acquire Enbridge Energy Partners

In an expected simplification transaction, Enbridge Inc. proposed to acquire all of the outstanding shares of its sponsored vehicles in exchange for Enbridge Inc. shares. Under four separate transactions, Enbridge proposed to issue 272 million common shares, worth CAD 11.4 billion. Under the proposal, shareholders of Enbridge Energy Partners will receive 0.3083 common shares of Enbridge Inc., approximating CAD 2.8 billion. After Enbridge Inc. announced that it doesn’t intend to utilize its spons...
Underlying
Enbridge Energy Partners L.P. Class A

Enbridge Energy Partners owns and operates crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the U.S. The company's Liquids segment includes the Lakehead, North Dakota and the Mid-Continent crude oil systems. The company's Lakehead system consists of a series of interstate common carrier crude oil and liquid petroleum pipelines, and storage assets. The company's Natural Gas segment consists of natural gas and natural gas liquids (NGL), rail and liquid marketing services, gathering and transportation pipeline systems, natural gas processing and treating facilities and NGL fractionation facilities.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Joe Gemino

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