Enbridge to roll up affiliated MLPs into simplified corporate structure

摘要

In a move to further simplify its corporate structure, EnbridgernSeptember 18 said it was buying the outstanding shares of twornaffiliated companies in a series of deals valued at about $3.5 billion.rnThe Calgary-based midstream and interstate pipeline companyrnsaid it had made separate agreements to acquire all of the outstandingrnpublic Class A common units of Enbridge Energy Partners (EEP) and allrnof the outstanding public listed shares of Enbridge EnergyrnManagement.rnIn a separate statement September 18, the company said Enbridgernand affiliate Enbridge Income Fund had agreed for Enbridge to acquirernall of the issued and outstanding public common shares of EnbridgernIncome Fund.