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TransCanada closes ANR acquisition and expands North American reach.

Chemical Business Newsbase

| February 22, 2007 | COPYRIGHT 2000 Elsevier Engineering Information, Inc. (Hide copyright information)Copyright

(From Chemical Business NewsBase - Press Release)

TransCanada Corp has closed the acquisition of American Natural Resources Co and ANR Storage Co and an additional 3.55% interest in Great Lakes Gas Transmission Ltd Partnership from El Paso Corp. The total purchase price is $3.4 bn, and includes $488 M of assumed debt. With the acquisition of ANR, TransCanada's wholly owned natural gas pipeline …

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