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Canadian Pacific to buy Kansas City Southern in $25 billion railway bet on trade

Canadian Pacific to buy Kansas City Southern in $25 billion railway bet on trade
Reuters
3/21/2021
© Reuters/Ben Nelms
The Canadian Pacific railyard is pictured in Port Coquitlam.
By Nandakumar D, Ann Maria Shibu and Rebecca Spalding
(Reuters) - Canadian Pacific Railway Ltd agreed on Sunday to acquire Kansas City Southern in a $25 billion cash-and-stock deal to create the first railway spanning the United States, Mexico and Canada, standing to benefit from a pick-up in trade.
It would be the largest ever combination of North American railways by transaction value. It comes amid a recovery in supply chains that were disrupted by the COVID-19 pandemic, and follows the ratification of the US-Mexico-Canada Agreement (USMCA) last year that removed the threat of trade tensions that had escalated under former U.S. President Donald Trump. ....

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Canadian Pacific to buy Kansas City Southern in $25 bln railway bet on trade

Canadian Pacific to buy Kansas City Southern in $25 bln railway bet on trade
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Canada's CP Rail to buy Kansas City Southern for $25 billion betting on North American trade

Canada's CP Rail to buy Kansas City Southern for $25 billion betting on North American trade
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Canadian Pacific to buy Kansas City Southern for $25 billion: FT

Canadian Pacific to buy Kansas City Southern for $25 billion: FT
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Canadian Pacific Railway to buy Kansas City Southern for $25B US

Canadian Pacific Railway to buy Kansas City Southern for $25B US
cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.

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