Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

TransCanada Acquires Columbia Pipeline Group for $13 Billion

TC Energy Corp. Columbia Pipeline Group Inc.
AnnouncedMar 17, 2016
TypeCorporate
LocationMarcellus Shale,Utica Shale
Announced Date
March 17,2016
Close Date
July 01,2016
Transaction Type
Corporate




Snapshot
Location
Region
Northeast

Country
United States

Play



Transaction Details:  Subscribe to see

Closing Announcement - July 1, 2016

TransCanada Corporation announced the completion of the transaction to acquire all of the outstanding shares of Columbia Pipeline Group, Inc. for an aggregate purchase price of approximately US$13 billion, including the assumption of approximately US$2.8 billion of debt.

Initial Announcement - March 17, 2016

TransCanada Corporation has entered into an agreement and plan of merger pursuant to which it will acquire Columbia Pipeline Group, Inc., a Houston, Texas-based company that operates an approximate 24,000-kilometre (km) (15,000-mile) network of…



Other Northeast Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Oct-22-2019 - - Click here Pennsylvania  Midstream
Sep-30-2019 - - Click here   Midstream
Sep-30-2019 - - Click here Pennsylvania  Midstream
Sep-18-2019 - - Click here Kentucky  Midstream
Jul-03-2019 - - Click here   Midstream