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Globaltrans eyes Second Freight stake

2010-06-01 00:00:00

Globaltrans is interested in buying a stake in the soon-to-be-formed Russian Second Freight Company and may invest US$808.8 million, Reuters reported.


Globaltrans Investment, Russia's largest private rail freight operator, has not excluded doing a secondary share placement or bond issuance in order to finance the acquisition, according to sources. 


(Source:www.cargonewsasia.com)