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Sask Métis News – Blackstone, GIP make takeover bid for Kansas City Southern – Fox Business


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Sask Métis News – Blackstone, GIP make takeover bid for Kansas City Southern – Fox Business

A group of buyout investors has made a takeover offer for railroad operator Kansas City Southern, which has a market value of more than $18 billion, according to people familiar with the matter. Blackstone Group Inc. and Global Infrastructure Partners submitted the bid after a previous approach was rebuffed, the people said. It is unclear…

Sask Métis News – Blackstone, GIP make takeover bid for Kansas City Southern – Fox Business

Sask Métis News –

A neighborhood of buyout shoppers has made a takeover supply for railroad operator Kansas City Southern, which has a market tag of extra than $18 billion, according to folk accustomed to the subject.

Blackstone Neighborhood Inc. and World Infrastructure Partners submitted the notify after a earlier advance used to be rebuffed, the folk said. It is unclear whether Kansas City Southern will be receptive this time and important elements of the supply couldn’t be learned.

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