Globaltrans eyes Second Freight stake

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)