Reuters — U.S. railway operator Kansas City Southern said Thursday it had accepted Canadian National Railway’s $33.6 billion acquisition offer, upending a $29 billion deal with its competitor Canadian Pacific […] Read more
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Tag Archives merger
Kansas City Southern accepts new CN bid over CP’s
CN offers to cover KCS's breakup fee with CP
CP files objection with U.S. regulator over CN’s Kansas City Southern bid
Reuters — Canadian Pacific Railway said on Saturday it filed a formal objection with a U.S. regulator, stating Canadian National Railway’s near US$30 billion rival bid for Kansas City Southern […] 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
Four-way Seeds Canada merger approved
Four organizations to amalgamate in February without CSGA on board
A merger of four Canadian seed industry organizations has been cleared to proceed without its fifth partner. Members of the Canadian Plant Technology Agency (CPTA), Commercial Seed Analysts Association of […] Read more
Seed groups weigh options as CSGA rejects merger
Grower group's membership calls nay on Seeds Canada amalgamation
The boards of five national seed sector groups planning a major merger are considering their next move after a less-than-unanimous vote on the proposal. Members of the Canadian Plant Technology […] Read more
Canadian cannabis retailers poised to merge
High Tide, Meta Growth to create biggest weed retailer
Two major Canadian cannabis sellers are poised to create the largest pot retailer in the country by revenue. Calgary retailer High Tide Inc., which operates the Canna Cabana chain of […] Read more
Cannabis industry readies for M+A after COVID-19 boosts weed demand
Companies betting on U.S. market growth after election
Reuters — After nearly a year of next-to-no dealmaking, cannabis companies are gearing up for mergers and acquisitions (M+A) as realistic stock valuations and the prospect of U.S. legalization attract […] Read more
‘New’ Cereals Canada names board, chair
The merged Cereals Canada/Cigi unit held its first annual meeting
Alberta farmer Todd Hames was elected Monday as the chair of the board for the recently reconstituted Cereals Canada, at its first-ever annual meeting. The ‘new’ Cereals Canada was created […] Read more
Cigi, Cereals Canada vote to close merger deal
Merged body to take latter group's name; next step, naming a CEO
The proposed merger between Cigi and Cereals Canada has taken one of its final steps forward, with votes of approval from both organizations’ memberships. The two Winnipeg-based not-for-profit organizations announced […] Read more
Manitoba growers approve five-way commodity group merger
Manitoba grain growers represented by five separate commodity organizations have voted to greenlight a merger they now expect to make official by August. A total of 165 ballots were cast […] Read more