Market News
Private equity firms considering takeover bid for Kansas City Southern: WSJ
(Reuters) - A group of buyout investors are considering a takeover bid for Kansas City Southern (KSU.N) 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 (BX.N) 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
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