CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.96% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Genesee & Wyoming Announces Plan To Separate Into Three Geographically Focused Companies

By Reuters News

Nov 11 (Reuters) - Genesee & Wyoming:

  • GENESEE & WYOMING ANNOUNCES PLAN TO SEPARATE INTO THREE GEOGRAPHICALLY FOCUSED COMPANIES

  • GENESEE & WYOMING: SEPARATION PENDING REGULATORY APPROVAL; THREE COMPANIES TO OPERATE INDEPENDENTLY FROM JAN 1, 2027

  • GENESEE & WYOMING: THREE COMPANIES, EACH UNDER CONTINUED OWNERSHIP OF BROOKFIELD AND GIC, WILL HAVE ATLANTIC & GREAT LAKES TRANSPORTATION INC

  • GENESEE & WYOMING: TWO COMPANIES WILL BE CALLED CANYON & CASCADE TRANSPORTATION INC AND GENESEE & WYOMING INC UNDER PLAN

  • GENESEE & WYOMING: G&W WILL BE BASED IN JACKSONVILLE AND CONTINUE TO BE LED BY CEO MICHAEL MILLER

  • GENESEE & WYOMING: WILL RETAIN OTHER SUBSIDIARY OPERATIONS IN MIDWEST, SOUTHEAST, CENTRAL US, CANADA - ABOUT 65% BUSINESS AS IT CURRENTLY EXISTS

  • GENESEE & WYOMING: CANYON & CASCADE WILL BE LED BY CEO DAVID FRANKLIN

  • GENESEE & WYOMING: ATLANTIC & GREAT LAKES WILL BE LED BY CEO BILL KEOUGH

Further company coverage: BIP.N

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