The Canadian pipeline company Enbridge said that it close its acquisition of Houston-based Spectra Energy next week after clearing all regulatory hurdles. Enbridge said it received approval of Canadian Competition Bureau and will complete the $28 billion merger Monday. The merger was earlier approved the Federal Trade Commission in the United States. In the merged company, Enbridge Chief Executive Al Monaco will remain in the CEO role, while Spectra CEO will become chairman of the new Enbridge. The merger is part of the consolidation in the pipeline sector as projects become tougher to build in the face of environmental protests and regulations. This summer, Enbridge
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