Canadian pipeline operator Enbridge is planning to purchase three gas distribution companies from Dominion Energy for $9.4 billion in cash and assume $4.6 billion in debt.

<div class="block">Canadian pipeline operator Enbridge is planning to purchase three gas distribution companies from Dominion Energy for $9.4 billion in cash and assume $4.6 billion in debt.</div>

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Enbridge to Buy 3 Companies From Dominion Energy for $9.4B Cash, $4.6B Debt

Canadian pipeline operator Enbridge is planning to purchase three gas distribution companies from American operated Dominion Energy Enbridge has agreed to pay 9.4 billion in cash and assume 4.6 billion in debt for the companies. According to Enbridge, the deal will create North America's biggest natural gas utility platform. Well, Dominion's decision to sell comes amid a company review as its stock has been down more than 40% since last September.