Transactions - AUGUST 10, 2020

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Infrastructure firms in talks over Kansas City Southern takeover deal

by Kali Persall

Global Infrastructure Partners and Blackstone’s infrastructure arm are exploring a $21 billion takeover deal for railroad operator Kansas City Southern (KCS), sources familiar with the matter told The Wall Street Journal.

 The private equity firms are reportedly in talks with banks such as Citigroup regarding financing.

Headquartered in Kansas City, Mo., KCS is a transportation holding company with railroad investments in the United States, Mexico and Panama. The sale has not been finalized and KCS could still reject the offer, according to The Journal.


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