Thursday, October 20, 2016

Glencore Sells Australia Rail Unit in Latest Deal to Cut Debt

Glencore will sell its coal-haulage business in Australia’s New South Wales state to U.S. railroad operator Genesee & Wyoming for $874 million, as the mining giant works to cut its debt load.

from WSJ.com: US Business http://ift.tt/2emWe0f
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