Ma Jie and Thomas Black

Business, Logistics

Brookfield Buys Rail Operator Genesee for $8.4 Billion

Luke Sharrett/Bloomberg News

An affiliate of Brookfield Asset Management Inc. agreed to buy railroad company Genesee & Wyoming Inc. for about $6.3 billion, expanding its global portfolio of rail companies with a 120-line network spanning North America, Europe and Australia.

Ma Jie and Thomas Black | Bloomberg News
July 1, 2019