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According to Bloomberg, Genesee & Wyoming (GWR) approached by buyers

  • May 24, 2019


StockGenesee & Wyoming Inc.SymbolGWR
Date Announced05/23/2019Source Bloomberg
TypeNews Report
Date of Confirmation: 07/01/2019Price at Confirmation: $100.00
Potential Profit: 6.44%Annualized Profit: 60.27%

Affiliates of Brookfield Asset Management Inc. (BAM), Blackstone Group LP (BX), Stonepeak Infrastructure Partners, and EQT Partners are vying to acquire railroad operator Genesee & Wyoming Inc. (GWR), according to people familiar with the matter.


June 21, 2019: An affiliate of Brookfield Asset Management Inc. (BAM) is the frontrunner to acquire railroad operator Genesee & Wyoming Inc. (GWR), according to people with knowledge with the matter.

July 01, 2019: Investment firm Brookfield Asset Management Inc (BAM) has agreed to acquire U.S. freight railroad owner and operator Genesee & Wyoming Inc (GWR) for close to $9 billion, including debt, people familiar with the matter said on Sunday.

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