Genesee & Wyoming completes GRail acquisition

Genesee & Wyoming completes GRail acquisition

Published on December 8, 2016

THE Australian subsidiary of Genesee & Wyoming (G&W), United States, has completed the acquisition of Glencore Rail (GRail) for $A 1.14bn ($US 846m) and issued a 49% equity stake in Genesee & Wyoming Australia (GWA) to funds and clients managed by Macquarie Infrastructure and Real Assets...

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