Enbridge Inc. and Spectra Energy Corp. merge to create a North America gas infrastructure giant

On September 6, 2016, Enbridge Inc. and Spectra Energy Corp. have entered into a definitive merger agreement under which Enbridge and Spectra Energy will combine in a stock-for-stock merger transaction, valuing Spectra Energy common stock at approximately $28 bn Companies Overview Enbridge Inc. Enbridge Inc. is one of the leading North America energy distribution companies. … Continue reading Enbridge Inc. and Spectra Energy Corp. merge to create a North America gas infrastructure giant

A SUBPRIME RENAISSANCE: CITIGROUP SELLS ONEMAIN TO SPRINGLEAF

Springleaf Holdings Inc. set to buy Citigroup Inc’s OneMain Financial Holdings for $4.25bn in cash, forming the largest subprime lender in the United States. Citigroup’s strategy to sell its non-core operations and focus on wealthier clients produces the combined entity with $15bn dollars in assets, 2000 branches, and a capacity to serve the growing subprime … Continue reading A SUBPRIME RENAISSANCE: CITIGROUP SELLS ONEMAIN TO SPRINGLEAF