(IN BRIEF) CIMIC Group has entered into a strategic partnership with Japan’s Sojitz Corporation, which will acquire a 50% stake in UGL Transport, valuing the business at approximately $800 million. The agreement establishes joint ownership of one of Australia and … Read the full press release
Posted in Business, Construction, Industrial, Infrastructure & Utilities, News, Spain, Transportation & Logistics
Tagged 50 percent acquisition, ACS Group, Asia Pacific expansion, Australia, CIMIC Group, HOCHTIEF, infrastructure services, joint ownership, Juan Santamaria, Leighton Asia, Masakazu Hashimoto, network management, New Zealand, regulatory approvals, rolling stock manufacturing, signalling and communications, Sojitz Corporation, strategic partnership, Strategic Sojitz Investment Positions UGL Transport for New Market Growth and Enhanced Transport Service Solutions, transport services, UGL Transport
16-5-2013 — /europawire.eu/ — A long-term EBRD loan will help finance the first western investment in Belarus’s rolling stock manufacturing sector, based on the successful reorganisation of a former state-owned producer of trams and trolley-buses and creation of a privately-owned company … Read the full press release
Posted in Banks, Business, European Union, Financial, Investment, Switzerland, Transportation & Logistics
Tagged BELARUS, Belkommunmash, EBRD, know-how, Minsk, Minsk Region Executive Committee, passenger trains, private capital, rail rolling stock, rolling stock manufacturing, Stadler Rail AG, Swiss investor, technologies, trams, trolley-buses
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