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MarketScreener Homepage  >  Equities  >  Nyse  >  Kansas City Southern    KSU

KANSAS CITY SOUTHERN

(KSU)
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Private-Equity Firms Discuss Bid for Kansas City Southern

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07/31/2020 | 01:33pm EDT

By Cara Lombardo and Miriam Gottfried

A group of big buyout investors is considering a takeover bid for railroad operator Kansas City Southern that could be worth more than $21 billion and mark a big bet on U.S.-Mexico trade.

Blackstone Group Inc.'s infrastructure arm and Global Infrastructure Partners are together exploring a potential deal and speaking to banks including Citigroup Inc. about financing, according to people familiar with the matter.

There is no guarantee they will proceed with a formal offer or that Kansas City Southern would be receptive. Assembling the roughly $15 billion equity check that could be required for a deal of that size would pose significant hurdles for Blackstone and GIP, which are investing out of $14 billion and $22 billion infrastructure funds, respectively.

If there is a deal, it would be significant. Kansas City Southern had a market value of roughly $14 billion Friday afternoon and including debt, the value of a bid could exceed $21 billion, some of the people said.

The bid being discussed would likely include about $6.5 billion worth of debt financing, these people said.

 

Stocks mentioned in the article
ChangeLast1st jan.
CITIGROUP INC. -0.29% 50.89 Delayed Quote.-36.30%
KANSAS CITY SOUTHERN 5.00% 185.42 Delayed Quote.21.06%
THE BLACKSTONE GROUP INC. 0.11% 53 Delayed Quote.-5.26%
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Financials (USD)
Sales 2020 2 639 M - -
Net income 2020 593 M - -
Net Debt 2020 3 284 M - -
P/E ratio 2020 29,5x
Yield 2020 0,86%
Capitalization 17 494 M 17 494 M -
EV / Sales 2020 7,87x
EV / Sales 2021 7,23x
Nbr of Employees 7 040
Free-Float 75,7%
Chart KANSAS CITY SOUTHERN
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Kansas City Southern Technical Analysis Chart | KSU | US4851703029 | MarketScreener
Technical analysis trends KANSAS CITY SOUTHERN
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 169,62 $
Last Close Price 185,42 $
Spread / Highest target 9,48%
Spread / Average Target -8,52%
Spread / Lowest Target -26,7%
EPS Revisions
Managers
NameTitle
Patrick J. Ottensmeyer President, Chief Executive Officer & Director
Robert J. Druten Chairman
Jeffrey M. Songer Chief Operating Officer & Executive Vice President
Michael W. Upchurch Chief Financial Officer & Executive Vice President
Thomas A. McDonnell Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
KANSAS CITY SOUTHERN21.06%17 494
UNION PACIFIC-1.84%121 926
CANADIAN NATIONAL RAILWAY COMPANY11.29%70 658
NORFOLK SOUTHERN CORPORATION0.84%49 943
CANADIAN PACIFIC RAILWAY LIMITED12.21%37 831
C.H. ROBINSON WORLDWIDE, INC.21.69%12 830