Reuters — U.S. railway Kansas City Southern said on Sunday it planned to accept Canadian Pacific Railway’s US$27.2 billion cash-and-stock acquisition offer as superior to its US$29.6 billion deal to […] Read more
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Tag Archives competition
Kansas City Southern plans to accept CP’s bid
Deal would create new lanes for Prairie freight, CP says
U.S. railway’s board sticks with CN’s bid
Kansas City Southern board spurns sweetened CP bid
The board of directors for a U.S. railway facing takeover bids from each of Canada’s big two railways is sticking with Canadian National Railway’s (CN) proposal. The board for Kansas […] Read more
Biden seeks to lift limits on U.S. farmer dealings with tractor makers, packers
Executive order to address corporate 'abuses of power'
Washington | Reuters — U.S. President Joe Biden wants to give that country’s farmers more power in negotiating the sale of livestock to big processors and in deciding who repairs […] Read more
U.S. ag secretary backs proposed meatpacking investigator
Reuters — U.S. Agriculture Secretary Tom Vilsack on Tuesday threw his support behind a proposal to establish a special investigator to address concerns about anti-competitive practices in the meat and […] Read more
Rail shippers pick sides as CP, CN bid for Kansas City Southern
Richardson, Conagra among firms supporting both bids
Winnipeg | Reuters — North America’s freight rail customers, from grain shippers to logistics companies, are choosing sides as Canadian Pacific Railway and Canadian National Railway fight to buy Kansas […] Read more
Pilgrim’s Pride strikes deal over U.S. chicken price-fixing charges
Reuters — U.S. poultry company Pilgrim’s Pride Corp. said Wednesday it will pay a US$110.5 million fine after striking a plea deal with the Justice Department over price-fixing charges on […] Read more
Elanco gets EU’s conditional antitrust OK for Bayer deal
Approval calls for sale of Vecoxan brand, among others
Reuters/Staff — Elanco Animal Health secured antitrust clearance on Monday from the European Union to buy Bayer’s veterinary drugs unit, after pledging to sell some products to address competition concerns […] Read more
Probe eyes possibility of ‘co-ordinated behaviour’ in Big Ag
Competition Bureau probes majors' response to FBN's Canadian launch
Canada’s Competition Bureau is investigating leading agriculture companies for allegedly attempting to drive a California-based online farm-supply retailer out of the Canadian market. Documents filed in Federal Court show Federated […] Read more
Pulse weekly outlook: FCC sees opportunities for exports
MarketsFarm — Farm Credit Canada (FCC) on Tuesday released a report titled Diversifying Canada’s agriculture exports, which included pulses and also looked at some of the pros and cons to […] Read more
Canada clears Bayer’s Monsanto play, with conditions
Canada’s Competition Bureau says it’s “actively reviewing” BASF’s suitability as a buyer of the crop seed and chemical assets Bayer has to sell to get the bureau’s blessing to buy […] Read more