Canadian Pacific Railway Limited (CP) and Kansas City Southern (KCS) have received the required regulatory pre-transaction control approvals from the Mexican Federal Economic Competition Commission (COFECE) and the Mexican Federal Telecommunications Institute (IFT) for their proposed merger.
“This important milestone marks the next step on our path to creating the first single-line rail network linking the US, Mexico and Canada,” said Keith Creel, CP President and Chief Executive Officer. “This...