Canadian Pacific clinches $27-bln Kansas City Southern deal as rival bows out
Canadian Pacific Railway Ltd (CP.TO) inked a $27.2 billion cash-and-stock deal to buy Kansas City Southern (KSU.N) on Wednesday after Canadian National Railway Co (CNR.TO) conceded it could not save its own $29.6-billion deal for the U.S. railway.
Kansas City Southern may delay Canadian National deal vote
Kansas City Southern (KSU.N) said on Thursday it has turned down a $27 billion bid from Canadian Pacific Railway (CP.TO) and will delay a shareholder vote on a $29 billion deal to sell itself to Canadian National Railway Co (CNR.TO) if the rail regulator does not rule on the deal in the next five days.
Aon, Willis halt $30 bln merger over monopoly concerns, delay
Aon Plc (AON.N) and Willis Towers Watson Plc on Monday called off a $30 billion merger that would have created the world’s largest insurance broker, saying U.S. regulators’ objections created unacceptable delay and uncertainty.
