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Genesee & Wyoming Australia Buying Glencore Rail

Short Line/Regional
October 20, 2016 0

Genesee & Wyoming subsidiary Genesee & Wyoming Australia (GWA) is buying Glencore Rail (GRail) for A$1.14 billion. It will also concurrently issue a 49 percent equity stake in GWA to funds managed by Macquarie Infrastructure and Real Assets (MIRA).

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