The venerable Wall Street Journal has just landed another great scoop about Canadian Pacific Railway weighing a fresh counter $300 a share offer for Kansas City Southern, the US-listed railroad operator. Below is the link:
Chuckles all round at Betaville towers as senior hacks at the Wall Street Journal backslap themselves for "breaking" the story about Global Insfrastructure Partners and Blackstone's attempt to buy US-listed railroad operator Kansas City Southern for over $20 billion...
I see TheWall Street Journal has just "broken" an "exclusive" story about Global Insfrastructure Partners and Blackstone attempting to purchase Kansas City Southern, the US-listed railroad transportation operator. Below is the link:
https://www.wsj.com/articles/private-equity-firms-discuss-bid-for-kansas-city-southern-11596223106..
Global Infrastructure Partners is said to be the financial investor interested in purchasing Kansas City Southern, the US-listed railroad transportation company.
People following the situation have heard rumours GIP - which used to own Gatwick Airport and London City Airport in the United Kingdom - has been "running the numbers" on Kansas City Southern...
I see El Negocio has jumped on the Kansas City Southern bid rumour. Below is the link:
https://elnegocio.es/guerra-de-private-equities-por-comprar-kansas-city-southern/
The general thrust of El Negocio's piece is that Blackstone, the US private equity giant, is circling the transportation group.
Let's see.....