KC Southern

• Kansas City Southern shareholders vote in favour of CP Rail takeover

  The approval by Kansas City Southern shareholders follows a thumbs-up from Mexican regulators last month and from CP shareholders on Thursday.

  Economy

  Dec 10, 2021
  
• Mexican regulators approve CP Rail deal to buy Kansas City Southern

  Canadian Pacific Railway Ltd. has agreed to buy KCS in a deal valued at US$31 billion, including the assumption of US$3.8 billion of debt.

  Economy

  Nov 26, 2021
  
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• CP Rail bid superior to CN Rail deal, Kansas City Southern board rules

  As a result, the U.S. railway says it plans to terminate its deal with CN and sign a definitive agreement with CP Rail, which has made a US$31 billion offer.

  Canada

  Sep 13, 2021
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• U.S. regulator denies CN Rail’s use of trust in deal to buy Kanas City Southern

  The U.S. Surface Transportation Board said the proposed voting trust is not consistent with the public interest standard under its merger regulations.

  Canada

  Aug 31, 2021