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Mergers and acquisitions
March 2, 2022
|
Freight
Fortescue and Williams to develop regenerative battery iron-ore train
The train will regenerate electricity during downhill sections of Fortescue’s network in Western Australia, removing the need for lineside recharging equipment.
December 13, 2021
|
Financial
CP and KCS shareholders back merger
The merger transaction is now expected to close on December 14.
October 25, 2021
|
Financial
Aurizon to purchase One Rail Australia in $A 2.35bn deal
Aurizon will divest part of One Rail Australia’s operation to complete the deal.
October 8, 2021
|
Financial
Schatlbau acquisition by US investment firm approved by EC
The acquisition was announced on August 7.
September 17, 2021
|
Freight
CP and KCS finally agree merger terms
Canadian Pacific Railway and Kansas City Southern have finally agreed to merge after a counter-offer from Canadian National was rejected.
September 1, 2021
|
Central/South America
Surface Transport Board rejects planned CN/KCS merger
Canadian National is evaluating its options; Canadian Pacific urges its own offer to be accepted.
August 23, 2021
|
Financial
Renfe completes 50% acquisition of Leo Express
The acquisition opens up access to central European markets for the Spanish operator.
August 13, 2021
|
Financial
Webuild completes Seli Overseas acquisition
Webuild offered to purchase the Italian tunnelling specialist in 2018.
August 6, 2021
|
Analysis
Hitachi makes big statement with Thales acquisition
Hitachi Rail’s announcement on August 4 that it will acquire Thales’ railway business is set to shake-up the global signalling sector. Kevin Smith examines the deal and its implications for the market.
August 5, 2021
|
Financial
Siemens Mobility to purchase Sqills for €550m
The Dutch cloud-based inventory management, reservation, and ticketing software provider was launched in 2002.
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