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Big Law

Brookfield, GIC buy Genesee & Wyoming RR for $6.4B

Genesee & Wyoming, Inc. is set to be acquired by Brookfield Infrastructure Partners LP BIP and GIC in a cash and debt deal valued at $8.4 billion.

While Brookfield Infrastructure Partners is a Canada-based global infrastructure company operating high-quality, long-life assets, GIC is a Singapore-based sovereign wealth fund. Once purchased, Genesee & Wyoming will become a privately held company. However, it will carry on with its usual operations, focusing on high-quality safety, premium service and strategic goals.

Read the source article at reuters.com

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