Scott Deveau

Business, Logistics

CN’s Largest Shareholder Wants CEO Ruest Out

A Canadian National Railway locomotive pulls a train in Montreal, Quebec A Canadian National Railway locomotive pulls a train in Montreal, Quebec. (Christinne Muschi/Bloomberg News)

One of the largest shareholders in Canadian National Railway Co. said it’s prepared to launch a proxy fight to replace the company’s leader as the $30 billion deal to buy Kansas City Southern faces possible collapse.

Scott Deveau | Bloomberg News
September 7, 2021
Government, Business, Technology

KC Southern Shareholders Should Vote for CN Offer, ISS Says

KCS A Canadian National Railway locomotive. (Christinne Muschi/Bloomberg News)

Canadian National Railway Co.’s $30 billion takeover bid for Kansas City Southern received a boost Aug. 6 when a prominent shareholder advisory firm recommended that shareholders support the deal.

Scott Deveau | Bloomberg News
August 9, 2021
Business, Technology

ValueAct Bets on Success of Hydrogen Fuel With Nikola Motor

Nikola Nikola hydrogen-powered truck (Nikola Motor Co.)

ValueAct Capital Management has built a new position in Nikola Motor Co., a closely held hydrogen fuel cell trucking company seeking to raise $1.5 billion to expand in the U.S., starting on the West Coast.

Scott Deveau | Bloomberg News
April 16, 2019
Business

CP Rail CEO Says Biggest Crude-by-Rail Fear Is Terrorism

David Paul Morris/Bloomberg News

Hunter Harrison, Canadian Pacific Railway’s chief executive officer, said his greatest fear in moving crude by rail is the prospect of a terrorist attack on the company’s trains.

Scott Deveau | Bloomberg News
March 3, 2015