EBPPF - Enbridge's Acquisition Of Moda Midstream And Its Implications For Midstream Asset Values
- Enbridge acquired Moda at a bargain multiple of 8 times EBITDA.
- The deal is immediately accretive to Enbridge’s financial outlook.
- However, the low multiple sets a low bar for midstream asset values.
For further details see:
Enbridge's Acquisition Of Moda Midstream And Its Implications For Midstream Asset Values