Channel: Financial Times

Category: News & Politics

Tags: business newstechtakeoversbusinessrailtransportinternational newsglobal newsfinance analysisfinancial timesmarketsfinance newsus economyacquisitionsfinancerailroads

Description: The fiercest takeover battle of 2021 took place in a sector that hadn’t seen a major deal in over 20 years: the railroad industry. It began when Canadian Pacific agreed to buy smaller rival Kansas City Southern, a deal that would create the first US-Mexico-Canada railroad. But as the FT’s Arash Massoudi explains, everything changed when rival Canadian National gatecrashed the party. #railroads #acquisitions See if you get the FT for free as a student (ft.com/schoolsarefree) or start a £1 trial: subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132. ► To learn more, visit our website - channels.ft.com/en/bigdeal ► Watch more videos from this series here - youtube.com/playlist?list=PLrhpR40o4n5xDI-MtPqTLdS6KtCpoHP9s ► Check out our Community tab for more stories on the economy. ► Listen to our podcasts: ft.com/podcasts ► Follow us on Instagram: instagram.com/financialtimes'