Enbridge to Sell Stake in Oil Producer Noverco for $1.14 Billion
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Estimated Price
MM
Description
To purchase minority 38.9% stake in oil producer Noverco Inc., which indirectly owns a Quebec-based business with interests primarily in gas distribution and power distribution in Quebec and VT. (Expected to close early 2022)