The Canadian Pacific Railway Company will buy the Kansas City Southern (KSC) stadium in an agreement valued at $ 29,000 million, which will ensure that the first railroad railroad that unites Canada, the United States and Mexico.
In a joint statement, both companies explained that the merger will take place in the wake of “an effective and actionable transaction” and that the valued operation will be valued at $ 29,000 million, including the Canadian Pacific Railway’s 3,800 million share deuda de KSC.
As a result of this regulation, the shareholders of the state-owned company received 0.489 of each Canadian Pacific Railways’ participation and $ 90 effective for each ordinary value of KSC that possessed.
Finally, it is hoped that KSC’s shareholders will not hold 25% of the Canadian circulation’s ordinary values.
Asimismo, the agreement is based on KSC’s 275 share action, which represents a premium of 23% in respect of the value of the four houses, which is 224.16 dollars.
To fund the merger, Canadian Pacific Railways will issue $ 44.5 million in new plans on the planet, with $ 8,600 million in debt.
The merger sales operation will operate around 32,186 square kilometers and will employ some 20,000 people.
Asimismo, it is calculated that a total of 8,700 million dollars will be generated, earning and accounting for the 2020 acquisitions of both companies.
“EE.UU.-Mexico-Canada Railroad Primer was created, the only railroad company that has been dedicated to providing quality service to its customers in order to complete the potential of its speeches”, said in the text the President and Director executive of Canadian Pacific Railway, Keith Creel.
Aggregate that this merger will be beneficial to the T-MEC, the commercial treaty between these three countries, “which has the efficient integration of the continent’s cadastral offices more important than any”.
This commercial pact entered into force in July and was replaced by TLCAN, which has been in effect for 26 years.
Creel will be the executive director of the mixed company, which will host the number of Canadian Pacific Kansas City (CPKC), which will have its principal seat in Calgary (Canada).
The company directives of both companies and they were in unanimous form of merger, which were notified to the EE.UU Junta. of Transport in Surface, which must now be approved.