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December 1, 2016
DARIEN, Conn.--(BUSINESS WIRE)--Genesee & Wyoming Inc. (G&W) (NYSE:GWR) announced today that Genesee &
Wyoming Australia (GWA) has completed the acquisition of Glencore Rail
(GRail) for A$1.14 billion and has concurrently issued a 49% equity
stake in GWA to funds and clients managed by Macquarie Infrastructure
and Real Assets (MIRA).
In conjunction with the acquisition of the GRail business, which
includes nine train sets (30 locomotives and 894 wagons), a...