BRIEF-TransCanada offers to buy common units of Columbia Pipeline Partners

Mon Sep 26, 2016 7:16am EDT
 
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Sept 26 (Reuters) - TransCanada Corp :

* Unit Columbia Pipeline Group offered to buy 53.8 million units of Columbia Pipeline Partners, LP at a price of US$15.75 per common unit

* TransCanada announces offer to purchase all common units of Columbia Pipeline Partners, LP

* Committee composed of independent directors of CPPL board will be formed to consider offer Source text for Eikon: Further company coverage: