Ferronor for sale

By Railway Gazette International, CMAJ2003-03-01T11:00:00

RAILAMERICA announced on January 29 that it is looking to sell its 55% stake in Ferronor of Chile, as part of an ongoing US$100m asset rationalisation programme. Credit Lyonnais Securities (USA) Inc was due to issue an ’offering memorandum’ at the end of February.

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