Private equity firms considering takeover bid for Kansas City Southern: WSJ

(Reuters) – A group of buyout investors are considering a takeover bid for Kansas City Southern for a deal value of about $20 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Blackstone Group Inc’s infrastructure arm and Global Infrastructure Partners are together exploring a potential deal and speaking to banks about financing, the report said.

(Reporting by Arundhati Sarkar in Bengaluru)