CFIUS Clearance: Enbridge Inc. and Spectra Energy Corp.
Acquirer: Enbridge Inc. (Canada)
Acquired: Spectra Energy Corp. (U.S.)
Value: Approx. US$28 billion
Industry: Energy, Regulated Utilities
UPDATE: On December 21, 2016, Spectra Energy Corp announced the parties received notice from the Committee on Foreign Investment in the United States (CFIUS) “that it has concluded its review of the proposed combination of the Company and Enbridge and determined that there are no unresolved national security concerns with respect to the proposed combination.” (Spectra Energy, Form 8-K, Dec. 21, 2016, SEC Filing.)