Enbridge nears $2 billion deal for Blackstone’s Pony Express crude pipeline, Bloomberg News reports

Enbridge to buy Blackstone’s Tallgrass crude oil business for US$2.55 billion

Enbridge said on Wednesday it will acquire Blackstone-owned Tallgrass Energy’s crude oil business for US$2.55 billion in cash, expanding its U.S. liquids pipeline network by buying a majority stake in the Pony Express Pipeline and other assets.

Crude oil pipeline business sold for $2.55 billion to Enbridge

A Denver-area business agrees to sell major crude oil pipeline assets connecting key basins in the Rockies. The cash deal is expected to close this year.

Enbridge to buy Tallgrass crude business for US$2.6 billion

Enbridge Inc. reached an agreement to buy Tallgrass Energy’s crude oil business from Blackstone Inc. for about US$2.6 billion.

Enbridge to buy Tallgrass crude oil business for $2.55B

Enbridge expands its U.S. liquids network with a $2.55B purchase of Tallgrass's crude assets, gaining a majority stake in the Pony Express Pipeline, storage terminals and the Stanchion Energy marketing business.

Enbridge further expands stateside with $2.55B US pipeline and storage deal

Enbridge Inc. is further expanding its reach into the U.S. market with a US$2.55-billion deal to buy the crude oil business of Tallgrass Energy LP.

Canada’s Enbridge Said to Near Deal for Major US Oil Pipeline

Enbridge Inc., the Canadian energy infrastructure giant, is in advanced talks to buy a major crude oil pipeline in the US from Blackstone Inc.’s Tallgrass Energy for about $2 billion, according to people familiar with the matter.