Thu Oct 12 15:10:00 CDT 2000
-- TransCanada to exceed selloff target
TransCanada PipeLines Ltd., Calgary, says it expects total proceeds of about $3.45 billion (Can.) from its sale of non-core assets this year, well above the original target of $3 billion. The company began selling non-core assets in December 1999 to focus on its core natural gas transmission, power and gas marketing activities in Canada and the northern tier of the US.