Freight

Metalloinvest to sell rail business to Globaltrans

2012-04-27T13:58:00

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RUSSIA: An agreement for private rail freight company Globaltrans to buy the Metalloinvesttrans rail activities of iron ore producer Metalloinvest for US$540m was announced on April 27. The transaction will be financed from Globaltrans' own funds and credit facilities, and subject to regulatory approvals is expected to close at the ...

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