(Kansas City Southern issued the following news release on April 5.)
KANSAS CITY, Mo. — Kansas City Southern (KCS) today announced that on April 2, 2004, the Mexican Federal Competition Commission (FCC) granted an extension of 180 calendar days from the date of notice (April 2, 2004) for its ruling issued on May 19, 2003, granting authority for the sale of Grupo TMM’s interest in Grupo TFM (GTFM) to KCS.
Kansas City Southern is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary holding is The Kansas City Southern Railway Company, which serves customers in the central and south central regions of the U.S. KCS’ rail holdings and investments are primary components of a NAFTA Railway system that links the commercial and industrial centers of the U.S., Canada and Mexico.
KCS is comprised of, among others, The Kansas City Southern Railway Company (“KCSR”) and equity investments in Grupo TFM, Southern Capital Corporation (“Southern Capital”) and Panama Canal Railway Company (“PCRC”).