Spectra Energy: Enbridge completes $3.3B acquisition of Spectra MLP

After acquiring Houston-based Spectra Energy Corp. in 2017, Canada-based Enbridge Inc. (NYSE: ENB) has completed the previously announced acquisition of Spectra's master limited partnership. Enbridge's all-stock deal to acquire Houston-based Spectra Energy Partners LP (NYSE: SEP) closed Dec. 17. The deal was valued at $3.3 billion when it was announced in August. SEP unitholders of record as of the close of business on Nov. 5 are entitled to receive 1.111 common shares of Enbridge for each...