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CP-KCS deal wins OK from foreign investment committee in U.S. | Globalnews.ca

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CP-KCS deal wins OK from foreign investment committee in U.S.

CP agreed last year to buy KCS in an agreement valued at US$31 billion, including the assumption of US$3.8 billion of debt.The deal closed in December, but the shares of KCS were placed into a voting trust that allows the U.S. railway to operate independently while the U.S.

Surface Transportation Board completes its review.The combination of the companies would create the only single-line railroad linking the United States, Mexico and Canada.CP Rail arbitration with Teamsters union a ‘sigh of relief’ for Sask. farm, mining groups – Mar 22, 2022

 

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