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Jean-Jacques Ruest announces departure after abandoning pursuit of Kansas City Southern
Chris Hohn says group misjudged US regulator’s review of $34bn bid for Kansas City Southern
Challenge to freight rail rival Canadian National as agreed deal faces regulatory hurdles
Plus, the race to rule south-east Asia’s tech scene heats up, and shareholders step in to rescue the ailing Eurostar
TCI hedge fund warns that threat of deal being blocked by regulators is too great
Offer for US rail operator tops approach from Canadian Pacific in one of biggest merger battles of the year
Railroad aims to one-up rival Canadian Pacific in a bet on growing North American trade
Rail company accepts defeat for second time in attempt at rival takeover
Activist investor says railroad industry is warming to consolidation
US railroad says offer values it about $28.3bn, less than 10 per cent premium to trading price
After being spurned by CSX, Canadian Pacific turns to Norfolk Southern
Buffett-owned network experiences snarls
Activist investors leads charge for new head
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