TC Sells Pipeline Stake to GIP for $3.9 Billion to Cut Debt

TC Sells Pipeline Stake to GIP for $3.9 Billion to Cut Debt

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TC Energy Corp. agreed to sell a 40% stake in two US natural gas pipeline networks for $3.9 billion (C$5.2 billion) in cash, a deal that will allow the Canadian company to meet a goal of reducing its debt ahead of schedule. • None The Bear Market Has Nearly Been Erased, Fewer Than 20 Months After…

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