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

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).