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Genesee & Wyoming

  • Freightliner owner Genesee & Wyoming sold for $8.4billion

    Freightliner owner Genesee & Wyoming sold for $8.4billion

    Posted

    by

    Sam Hewitt

    By Keith Fender CANADIAN investors Brookfield Infrastructure and Singapore’s sovereign wealth fund GIC have bought Genesee & Wyoming (G&W), which owns Freightliner, for US $8.4billion.  The deal is subject to shareholder and government approvals, and should be completed in 2020. G&W has grown from one short freight line in the USA in the late-1970s to…

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