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RECIPROCAL SHAREHOLDING | 6 Months Ended
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Jun. 30, 2013
RECIPROCAL SHAREHOLDING |
RECIPROCAL SHAREHOLDING | 10. RECIPROCAL SHAREHOLDING At December 31, 2012, Noverco owned an approximate 6.0% reciprocal shareholding in the common shares of the Company. On May 28, 2013, Noverco sold 15 million Enbridge common shares through a secondary offering, thereby reducing the Company’s reciprocal shareholding to approximately 3.9% and resulting in an increase in equity. Enbridge’s share of the net after-tax proceeds of approximately $248 million was received as dividends from Noverco on June 4, 2013.

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- Definition The entire disclosure related to reciprocal shareholding. + References No definition available. + Details
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