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Enbridge dives as market frets over funding for $14 bln Dominion deal

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Enbridge shares tumbled nearly 7% to an over four-year low on Wednesday, as some analysts questioned the financial impact of the Canadian pipeline operator's surprise $14 billion bid for three utilities from Dominion Energy .

in the three utilities Enbridge has offered to buy as the return rate would be too low.

Enbridge announced the deal just over a month after CEO Greg Ebel told analysts the company saw "tuck-in" acquisition opportunities "across the board". By late morning, Enbridge shares were down 5.5% at C$45.50, while the benchmark Canadian share index was off 0.5%. Rival TC Energy

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 2. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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Stocks making the biggest moves premarket: Enbridge, Roku, Gitlab and moreThese are the companies making headlines in premarket trading on Wednesday.
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