July 31, 2020 / 7:39 PM / 5 days ago

Private equity firms considering takeover bid for Kansas City Southern - WSJ

July 31 (Reuters) - A group of buyout investors are considering a takeover bid for Kansas City Southern for a deal value of about $20 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Blackstone Group Inc's infrastructure arm and Global Infrastructure Partners are together exploring a potential deal and speaking to banks about financing, the report said. (Reporting by Arundhati Sarkar in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below