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Brunswick Group represents Canadian National Railway, which today offered $30B to acquire Kansas City Southern, in an effort to thwart a $25B takeover deal engineered by Canadian Pacific Railway last month.
Montreal-based CN calls its offer “far superior” than KCS’s existing agreement with CP because it offers better financial value, a more complementary strategic fit, greater choice and efficiencies for customers and enhanced benefits for employees and local communities.
CP promoted its deal as being “transformative for North America,” by creating the first US, Mexico and Canada railroad.
A CN tie-up with KCS also would create a three-country railroad system.
Brunswick has Jonathan Doorley and Rebecca Kral working on the CN railroad in the US, while Longview Communications & PA’s Martin Cej handles Canadian press.
FGS Global represents private equity firm Thoma Bravo as it makes a $4.6B bid for Darktrace, a UK-based cybersecurity artificial intelligence firm.
Edelman handles Viking Holdings, the river and ocean luxury cruise line that plans to raise $1B via an IPO priced in the $21 to $25 per share range.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
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