Russia’s Globaltrans says in talks to buy MMK-Trans

Reuters 17 December 2012 Russian freight operator Globaltrans said on Monday it is engaged in exclusive talks over potential acquisition of MMK-Trans, a subsidiary of steelmaker MMK. “The potential acquisition of MMK-Trans is consistent with the group’s...

Globaltrans Buying Metalloinvest Freight Unit for $540M

Moscow Times 28 April 2012 Freight firm Globaltrans Investment is buying the railcar unit of iron-ore miner Metalloinvest for $540 million, boosting its fleet to about 60,000 units, it said Friday, as it forecast more consolidation for the sector. As part of the deal,...