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ConocoPhillips sells Colonial and Seaway pipeline stakes

22 November 2011

Read more: [conocophillips] [seaway] [ifm] [colonial] [enterprise products] [cdpq]

ConocoPhillips is selling a 16.55% stake in the Colonial pipeline to Caisse de dépôt et placement du Québec for $850 million and 50% of the Seaway pipeline to Enbridge for $1.15 billion.

The Seaway sale will allow new...


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