U.S. markets closed
  • S&P 500

    4,432.99
    -40.76 (-0.91%)
     
  • Dow 30

    34,584.88
    -166.44 (-0.48%)
     
  • Nasdaq

    15,043.97
    -137.96 (-0.91%)
     
  • Russell 2000

    2,236.87
    +3.96 (+0.18%)
     
  • Crude Oil

    71.96
    -0.65 (-0.90%)
     
  • Gold

    1,752.60
    -4.10 (-0.23%)
     
  • Silver

    22.39
    -0.41 (-1.79%)
     
  • EUR/USD

    1.1729
    -0.0043 (-0.36%)
     
  • 10-Yr Bond

    1.3700
    +0.0390 (+2.93%)
     
  • GBP/USD

    1.3730
    -0.0066 (-0.48%)
     
  • USD/JPY

    109.9680
    +0.2500 (+0.23%)
     
  • BTC-USD

    47,231.26
    -115.85 (-0.24%)
     
  • CMC Crypto 200

    1,195.72
    -29.82 (-2.43%)
     
  • FTSE 100

    6,963.64
    -63.84 (-0.91%)
     
  • Nikkei 225

    30,500.05
    +176.71 (+0.58%)
     

Canadian National not to proceed with deal for Kansas City Southern

In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Sept 15 (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)