trending Market Intelligence /marketintelligence/en/news-insights/trending/KhCjJ4m_ZY1-5gfLf4bavg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Report: Railroad operator Genesee & Wyoming weighs partial or full company sale

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Report: Railroad operator Genesee & Wyoming weighs partial or full company sale

Connecticut-based Genesee & Wyoming is considering selling itself in part or in full as the railroad owner and operator explores strategic options, Bloomberg News reported, citing people familiar with the matter.

Genesee engaged a financial adviser and has initiated discussions with potential acquirers such as Brookfield Asset Management Inc. and other infrastructure-investment firms, the sources said.

According to the report, the company has a market value of about $4.9 billion, and it operates 120 railroads and employs 8,000 people across North America, Australia, Europe and the U.K.

Carlyle Group LP in 2012 agreed to make an investment of up to $800 million in Genesee, according to Bloomberg.

A representative for Genesee did not respond to requests for comment, and a representative for Brookfield did not comment on the matter.