Mergers & Acquisitions CP clears regulatory hurdle in KCS merger August 23, 2022 Committee on Foreign Investment in the United States for the proposed combination of CP and Kansas City Southern (KCS) has given approval
Financial performance CP sees earnings dip in latest quarter July 29, 2022 Canadian Pacific Railway Ltd. struck a confident stance for the coming year after seeing some earnings dip in its latest quarter thanks to a dismal grain crop in 2021 and soaring fuel costs since February
Mergers & Acquisitions CN asks for tracks in response to CP-KCS deal March 4, 2022 CN has filed an application with the U.S. Surface Transportation Board asking for control over a section of track to be transferred as a condition of approval of the Canadian Pacific-Kansas City Southern merger deal
Agriculture CP takes a hit in Q4 2021 on lower grain revenues and network disruption January 28, 2022 Freight revenue from grain fell to $440 million in the quarter ended Dec. 31, 2021, a 13 percent decline from the same period in 2020
Rail CN, CP continue sparring over KCS merger January 14, 2022 CP contesting CN's request for sale of KCS track
Investors CP shareholders approve KCS merger December 8, 2021 Overwhelming support moves the ball into KCS shareholders' court for vote on December 10
Mergers & Acquisitions CP-KCS deal wins Mexican approval November 29, 2021 Regulatory pre-transaction approvals from the Mexican Federal Economic Competition Commission (COFECE) and the Mexican Federal Telecommunications Institute (IFT)
Mergers & Acquisitions CP’s KCS deal may close by late 2022 September 20, 2021 Shareholders will vote in December; merger needs to be approved by Mexican regulators
Business Operations CN shareholder steps up push for board changes September 14, 2021 TCI Fund Management intends to ask for a special meeting of CN Rail shareholders to add four members it has nominated
Mergers & Acquisitions KCS board deems CP proposal ‘superior’ September 13, 2021 The Kansas City Southern Board of Directors has deemed CP's merger proposal a "Company Superior Proposal."
