Mergers and acquisitions Archives - Page 8 of 19 - International Railway Journal

Mergers and acquisitions

March 2, 2022 | Freight

Fortescue and Williams to develop regenerative battery iron-ore train

The train will regenerate electricity during downhill sections of Fortescue’s network in Western Australia, removing the need for lineside recharging equipment.

December 13, 2021 | Financial

CP and KCS shareholders back merger

The merger transaction is now expected to close on December 14.

October 25, 2021 | Financial

Aurizon to purchase One Rail Australia in $A 2.35bn deal

Aurizon will divest part of One Rail Australia’s operation to complete the deal.

October 8, 2021 | Financial

Schatlbau acquisition by US investment firm approved by EC

The acquisition was announced on August 7.

September 17, 2021 | Freight

CP and KCS finally agree merger terms

Canadian Pacific Railway and Kansas City Southern have finally agreed to merge after a counter-offer from Canadian National was rejected.

September 1, 2021 | Central/South America

Surface Transport Board rejects planned CN/KCS merger

Canadian National is evaluating its options; Canadian Pacific urges its own offer to be accepted.

August 23, 2021 | Financial

Renfe completes 50% acquisition of Leo Express

The acquisition opens up access to central European markets for the Spanish operator.

August 13, 2021 | Financial

Webuild completes Seli Overseas acquisition

Webuild offered to purchase the Italian tunnelling specialist in 2018.

August 6, 2021 | Analysis

Hitachi makes big statement with Thales acquisition

Hitachi Rail’s announcement on August 4 that it will acquire Thales’ railway business is set to shake-up the global signalling sector. Kevin Smith examines the deal and its implications for the market.

August 5, 2021 | Financial

Siemens Mobility to purchase Sqills for €550m

The Dutch cloud-based inventory management, reservation, and ticketing software provider was launched in 2002.

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