CSX Corporation Mergers and Acquisitions


CSX Corporation

500 Water Street, 15th Floor
Jacksonville, FL 32202
United States
Tel:1/904-359-3200
URL: http://www.csx.com
Primary Symbol & Exchange:
CSX - Common Stock - New York Stock Exchange
Industry:
Railways
CSX Corporation Company Snapshot

CSX Corporation Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

CSX Corporation M&A History


Investor Group acquires a minority stake in CSX Corp Investor Group acquires a minority stake in CSX CorpJan 07, 2008

US - An investor group, comprised of Jorge Paulo Lemann, Marcell Telles and Carlos Alberto, acquired a #.#% stake, or ##.### mil common shares, in CSX Corp, a provider of rail, intermodal and rail-to-truck transload services.

PSA Corp Ltd acquires a minority stake in Asia Container Terminal Hldgs from CSX Corp PSA Corp Ltd acquires a minority stake in Asia Container Terminal Hldgs from CSX CorpFeb 28, 2005

HONG KONG - PSA Corp Ltd (PC), a unit of Singapore state-owned Ministry of Finance's Temasek Holdings (Pte) Ltd subsidiary, acquired a ##.#% stake and shareholders' loans, in Asia Container Terminals Holdings Ltd (AC), a container terminal owner

Dubai Ports International acquires CSX World Terminals LLC from CSX Corp Dubai Ports International acquires CSX World Terminals LLC from CSX CorpFeb 22, 2005

US - Dubai Ports International (DP), a unit of Dubai Ports Authority, acquired CSX World Terminals LLC, an owner and operator of marinas and docks, from CSX Corp, for $#.### bil in cash and the assumption of $## mil in liabilities.

Investor Group acquires Asia Container Terminal Hldgs from CSX Corp Investor Group acquires Asia Container Terminal Hldgs from CSX CorpDec 31, 2004

HONG KONG - An investor group, comprised of CSXWT Terminals # Ltd (CT), a majority-owned unit of CSX Corp's CSX World Terminals LLC subsidiary, and Sunmall Ltd (SL), a majority-owned unit of New World Development Co Ltd's

Indiana & Ohio Cntrl Railroad acquires CSX Transp Inc-Railroad,OH from CSX Corp Indiana & Ohio Cntrl Railroad acquires CSX Transp Inc-Railroad,OH from CSX CorpOct 18, 2004

US - Indiana & Ohio Central Railroad, a unit of Rail America Inc, acquired ### miles of railroad from Cincinnati to Columbus, Ohio of CSX Transportation Inc, an owner and operator line-haul railroad and a unit of CSX Corp, for $#.

Seeking Buyer is rumored to be planning to acquire CSX World Terminals Hong Kong from CSX Corp Seeking Buyer is rumored to be planning to acquire  CSX World Terminals Hong Kong from CSX CorpSep 06, 2004

HONG KONG - In September ####, CSX Corp, was rumored to be seeking a buyer for its CSX World Terminals Hong Kong Ltd unit, a terminal facility service provider. Modern Teminals Ltd was named potential bidder.

Golden Isles Terminal acquires CSX-Savannah Rail Line from CSX Corp Golden Isles  Terminal acquires CSX-Savannah Rail Line from CSX CorpAug 30, 2004

US - Golden Isles Terminal Railroad Inc, a unit of Genesse & Wyoming Inc, acquired the Savannah Wharf branch rail line of CSX Transportation Inc, an owner and operator of line-haul railroad, and a unit of CSX Corp.

CSX Transportation Inc acquires New York Central Lines LLC from Conrail Inc CSX Transportation Inc acquires New York Central Lines LLC from Conrail IncAug 27, 2004

US - CSX Transportation Inc (CSXT), a unit of CSX Corp, acquired the remaining ##% interest, which it did not already own, in New York Central Lines LLC (NYCL), an owner and operator of a freight railroad, from Conrail Inc (CI

Buffalo & Pittsburg Railroad acquires CSX Transp Inc-Creekside, PA from CSX Corp (pending) Buffalo & Pittsburg Railroad acquires CSX Transp Inc-Creekside, PA from CSX Corp (pending)Nov 20, 2003

US - Buffalo & Pittsburg Railroad Inc planned to acquire the rail line, located in Creekside, Pennsylvania, of CSX Transportaion Inc, an owner and operator of line-haul railroad, a unit of CSX Corp.

RJ Corman Equipment Co LLC acquires CSX-Old Road rail line from CSX Corp (pending) RJ Corman Equipment Co LLC acquires CSX-Old Road rail line from CSX Corp (pending)Sep 12, 2003

US - RJ Corman Equipment Co LLC, a unit of RJ Corman Railroad Co, planned to acquire the Old Road rail line located in Kentucky of CSX Transportation Inc, an owner and operator of line-haul railroad and a unit of

Carlyle Group LLC acquires CSX Lines LLC from CSX Corp Carlyle Group LLC acquires CSX Lines LLC from CSX CorpFeb 27, 2003

US - Carlyle Group LP acquired an undisclosed majority interest in CSX Lines LLC (CXL), a provider of domestic ocean liner services, from CSX Corp, for an estimated $### mil. The consideration consisted of $### mil in cash, $## mil in

CSX World Terminals LLC acquires a minority stake in Pusan New Port Co Ltd (pending) CSX World Terminals LLC acquires a minority stake in Pusan New Port Co Ltd (pending)Jan 10, 2002

SOUTH KOREA - CSX World Terminals LLC, a unit of CSX Corp, agreed to acquire a ##.#% stake in Pusan New Port Co Ltd, a port owner and operator, for ##.### bil Korean won ($## mil US).

CSX World Terminals Hong Kong acquires a minority stake in Asia Container Terminal Hldgs CSX World Terminals Hong Kong acquires a minority stake in Asia Container Terminal HldgsNov 21, 2001

HONG KONG - CSX World Terminals Hong Kong Ltd, a unit of CSX Corp, raised its stake to ##.#% from ##%, by acquiring a ##.#% stake in Asia Container Terminals Ltd, a container terminals owner and operator, from Pacific

CSX World Terminals LLC acquires Terminal Port Services CA from H L Boulton & Co SA (pending) CSX World Terminals LLC acquires Terminal Port Services CA from H L Boulton & Co SA (pending)May 24, 2001

VENEZUELA - CSX World Terminals LLC, a unit of CSX Corp, agreed to acquire a ##% interest in Terminal Port Services CA, an owner and operator of marinas, and a unit of HL Boulton & Co SA, for an estimated ##.###

Koninklijke TPG NV acquires CTI Logistx Inc(CSX Corp) from CSX Corp Koninklijke TPG NV acquires CTI Logistx Inc(CSX Corp) from CSX CorpSep 15, 2000

US - TNT Post Group NV acquired CTI Logistx Inc, a provider of logistics management services, from CSX Corp, for $### mil in cash.

Carl Icahn acquires a minority stake in CSX Corp (pending) Carl Icahn acquires a minority stake in CSX Corp (pending)Jun 29, 2000

US - Carl Icahn planned to acquire a ##% stake, or ##.### mil common shares, in CSX Corp, a provider of transportation services.

Maersk A/S acquires Sea-Land Svcs-Intl Shipping Op from CSX Corp Maersk A/S acquires Sea-Land Svcs-Intl Shipping Op from CSX CorpDec 10, 1999

Maersk A/S, a unit of AP Moller Group, acquired the international shipping operations of Sea-Land Service Inc, a unit of CSX Corp, for $### mil.

Vail Resorts Inc acquires Grand Teton Lodge Co(CSX Corp) from CSX Corp Vail Resorts Inc acquires Grand Teton Lodge Co(CSX Corp) from CSX CorpJun 14, 1999

Vail Resorts Inc acquired Grand Teton Lodge Co, a unit of CSX Corp, for an estimated $## mil.

Yahoo! Inc acquires Encompass Inc from CSX Corp Yahoo! Inc acquires Encompass Inc from CSX CorpMay 28, 1999

Yahoo! Inc acquired all the outstanding stock of Encompass Inc, a joint venture between CSX Corp and AMR Corp, for an estimated $### mil in common stock. The transaction was accounted for as a pooling of interests.

Infratil Australia Ltd acquires a minority stake in SeaLand Australia Terminals from CSX Corp Infratil Australia Ltd acquires a minority stake in SeaLand Australia Terminals from CSX CorpNov 28, 1997

Infratil Australia acquired a ##% stake in SeaLand Australia Terminals, a unit of CSX's Sea Land subsidiary.

CSX Corporation M&A Summary


CSX Corporation has made 18 acquisitions while taking stakes in 4 companies. CSX Corporation has 23 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009000
2008001
2007000
2006000
2005002
2004103
2003001
2002000
2001010
2000001
1999003
1998000
1997001
1996010
1995110
1994000
1993100
1992101
1991301
1990002
1989103
1988012
1987101
1986200
1985000
1984200
1983301
1982200
Total18423

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