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Jean-Jacques Ruest announces departure after abandoning pursuit of Kansas City Southern
Regulatory ruling means KCS shareholders should get their money before the acquisition by Canadian Pacific is closed
Plus, Goldman’s Solomon strikes another acquisition and a special look at a hostile fight in Japan
Agreement to create intercontinental North American rail network ends lengthy takeover battle
Larger deal with Canadian National thrown into doubt after intervention by US regulator
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
Takeovers conventionally make sense when two variables are satisfied: fit and price. Ticking both boxes is well-nigh impossible
Railroad aims to one-up rival Canadian Pacific in a bet on growing North American trade
Move is a change of direction for the railroad operator that was rebuffed in two public courtships of rivals
Canadian Pacific takeover of Kansas City Southern will create single 20,000-mile network
Takeover of US railroad group comes months after it rejected a Blackstone-led consortium bid
Pershing Square founder has lost his groove
Proposed hiring of former Canadian Pacific chief hits snag on compensation package
The ambitions of a chief executive never grow old
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