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Canadian Pacific had sold the bonds, plus $1.4 billion of 2.45% bonds maturing in 2031, in late 2021 to help fund its approximately $31 billion takeover of Kansas City Southern.
Canadian Pacific Kansas City reported third-quarter 2023 earnings (excluding 6 cents from non-recurring items) per share of 69 cents (C$0.84), which beat the Zacks Consensus Estimate of 68 cents.
The combined company, to be called Canadian Pacific Kansas City, will connect the United States, Mexico and Canada and cover more than 20,000 miles of track — including 8,600 miles in the United ...
Canadian Pacific’s acquisition of Kansas City Southern will create a railroad that links Canada, the United States and Mexico. By Niraj Chokshi and Mark Walker A federal regulator on Wednesday ...
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