FILE PHOTO: A Canadian National Railway train travels eastward on a track in Montreal, February 22, 2015. REUTERS/Christinne Muschi/File Photo

September 15, 2021

(Reuters) – Canadian National Railway Co said on Wednesday it would not proceed with its $29.6 billion offer to buy Kansas City Southern, paving the way for the U.S. railroad operator to be bought by rival Canadian Pacific Railway Ltd.

(Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Arun Koyyur)


Source: One America News Network

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