Freight

Genesee & Wyoming completes Freightliner acquisition

2015-03-26T10:56:00

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INTERNATIONAL: Genesee & Wyoming Inc announced on March 25 that it had completed the acquisition of 94% of Freightliner Group Ltd for £492m, plus the assumption of £19m of net debt and capitalised leases. Freightliner’s management team has retained a 6% interest which G&W expects to acquire by mid-2020.

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