![]() Client Work Canadian Pacific and Kansas City Southern Sign Historic US$31-billion MergerSeptember 29, 2021 Authors Jeffrey KerbelPartner Harinder S. BasraCalgary Managing Partner Brent W. KrausPartner Annie B. TonkenAssociate Anu NijhawanPartner Jared A. MackeyPartner Karen J. DawsonPartner Mark S. PowellPartner Carl CunninghamPartner Melanie L. AitkenManaging Principal, Bennett Jones (US) LLP Robert W. StaleyVice Chair and Partner Adam KalbfleischPartner Canadian Pacific Railway (CP) and Kansas City Southern (KCS) have entered into a historic US$31 billion merger, which will create the first single-line rail network linking the United States, Mexico and Canada. CP's winning bid for KCS was a superior proposal to a competing offer by Canadian National Railway. The CP-KCS combination will enhance competition, create new options for customers and support economic growth in North America. Calgary will be the global headquarters of the combined entity, named Canadian Pacific Kansas City. The Bennett Jones deal team advised CP on Canadian M&A, corporate/securities, tax, finance, employment and competition/antitrust matters. The deal team was led by Jeff Kerbel (corporate/securities) and includes:
Bennett Jones' public and private M&A practice spans all industries, and particularly those that drive the Canadian economy. Republishing Requests For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com. For informational purposes only This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors. AuthorsJeffrey Kerbel, Partner Toronto • 416.777.5772 • kerbelj@bennettjones.com Harinder S. Basra, Calgary Managing Partner • Co-Head of Energy Practice Calgary • 403.298.4494 • basrah@bennettjones.com Brent W. Kraus, Partner • Co-Head of Mergers & Acquisitions Practice Calgary • 403.298.3071 • krausb@bennettjones.com Annie B. Tonken, Associate Calgary • 403.298.3456 • tonkena@bennettjones.com Anu Nijhawan, Partner • Co-Head of Tax Department Calgary • 403.298.3389 • nijhawana@bennettjones.com Jared A. Mackey, Partner Calgary • 403.298.4471 • mackeyj@bennettjones.com Karen J. Dawson, Partner • Co-Head of Banking & Secured Transactions Practice Calgary • 403.298.3302 • dawsonk@bennettjones.com Mark S. Powell, Partner Calgary • 403.298.3365 • powellm@bennettjones.com Carl Cunningham, Partner • Co-Head of Employment Services Practice Toronto • 416.777.4847 • cunninghamc@bennettjones.com Melanie L. Aitken, Managing Principal, Bennett Jones (US) LLP • Head of Competition, Antitrust & Foreign Investment Practice New York - United States • 416.777.4855 • aitkenm@bennettjones.com Robert W. Staley, Vice Chair and Partner Toronto • 416.777.4857 • staleyr@bennettjones.com Adam Kalbfleisch, Partner Toronto • 416.777.5757 • kalbfleischa@bennettjones.com |