Blackstone and GIP-led group to offer to buy Kansas City Southern: Reuters

A consortium led by Blackstone and Global Infrastructure Partners has made a bid to acquire railroad operator Kansas City Southern, reported Reuters.

A consortium led by Blackstone and Global Infrastructure Partners has made a bid to acquire railroad operator Kansas City Southern, reported Reuters. No financial terms were disclosed. The news wire noted that “KSU is pushing for a higher offer, and there is no certainty a deal will be reached.”

Source: Reuters