TORONTO, Sept 26(Reuters) – A recent C$4.6 billion capital raise by Enbridge (ENB.TO) and a raft of new U.S. deals have spurred optimism for a revival in Canadian equity capital markets (ECM) issuance, bankers and lawyers said.
TORONTO, Sept 26(Reuters) – A recent C$4.6 billion capital raise by Enbridge (ENB.TO) and a raft of new U.S. deals have spurred optimism for a revival in Canadian equity capital markets (ECM) issuance, bankers and lawyers said.
Enbridge (ENB.TO) will buy three utilities from Dominion Energy (D.N) for $14 billion including debt, the Canadian pipeline operator said on Tuesday, creating North America’s largest natural gas provider and doubling its gas distribution business.