Duke Energy to acquire Westcoast Energy in $8.5 billion natural gas deal

Duke Energy announced the acquisition of Westcoast Energy in an $8.5 billion cash-and-stock transaction to expand its North American natural gas position. This is a corporate energy-sector deal, not a home-service trades roll-up.

“Duke Energy has announced the expansion of its position in the North American natural gas market with the acquisition of Westcoast Energy in an $8.5 billion cash and stock transaction.”

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