Mergers and Acquisitions — The 10 Biggest Deals of 2013

These companies led the mergers and acquisitions charge in 2013

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#9: Spectra Energy Partners (SEP) Buys Spectra Energy Corp.’s (SE) U.S. Transmission, Storage & Liquids Assets

Spectra Energy Partners 185 Mergers and Acquisitions    The 10 Biggest Deals of 2013Transaction Value: $9.8 billion

Income investors who love master limited partnerships were licking their chops when this deal was announced. Spectra Energy Partners’ (SEP) acquisition of assets from Spectra Energy Corp. (SE) transforms it into one of the largest fee-based MLPs in the country.

The deal is supposed to offer about $8 billion in organic growth potential by the end of the decade, and it diversifies SEP’s portfolio of energy, storage and transmission revenues.

Best of all for income seekers, SEP expects its annual distribution growth to hit 9% from now until 2015.


Article printed from InvestorPlace Media, http://investorplace.com/2013/12/mergers-and-acquisitions-biggest-deals-2013/.

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