TC Energy

TC Energy in its US$915 million bid to purchase the outstanding public units of Columbia Pipeline Partnership

Client

TC Energy

Value

US$915 million

Service

Tax: M&A, Financings, Corporate Reorganizations and Restructurings

Date Closed

February 2017

Industry

Energy (Oil & Gas)

Lead Office

Calgary

On February 17, 2017, TC Energy (“TransCanada”) completed its purchase of all equity in Columbia Pipeline Partners, LP that it does not already own at a price of US$17.00 per common unit, for an approximate purchase price of US$915  million. This offer follows TC Energy’s acquisition of Columbia Pipeline Group, Inc. on July, 1, 2016, for more details, click here

Osler, Hoskin & Harcourt LLP is advising TC Energy with a team that includes Drew Morier and Colena Der (Tax).