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Union Pacific and Norfolk Southern to create $250bn US rail giant in biggest deal of the year
Combined operator would be the first to carry cargo from the west coast to the eastern seaboard on its own tracks
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ft.com
Why a $200bn US rail megamerger could still hit the buffers
Deal between Union Pacific and Norfolk Southern would create first transcontinental operator in 200-year history of US rail
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CK Hutchison to invite ‘major’ Chinese investor for $23bn Panama ports deal
China’s state-owned shipping conglomerate Cosco in talks to join consortium
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Union Pacific and Norfolk Southern to create $250bn US rail giant in biggest deal of the year
Combined operator would be the first to carry cargo from the west coast to the eastern seaboard on its own tracks
- ·
cnbc.com
Union Pacific to buy Norfolk in $85 billion mega U.S. railroad deal
Union Pacific said on Tuesday it would buy smaller rival Norfolk in an $85 billion deal, to create the nation's first coast-to-coast freight rail operator.
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bbc.com
US rail merger could create first coast-to-coast freight service
Union Pacific agrees to buy Norfolk Southern, establishing a $250bn colossus with 50,000 miles of track.