MOSCOW Dec 17 Russian freight operator
Globaltrans said on Monday it is engaged in exclusive
talks over potential acquisition of MMK-Trans, a subsidiary of
"The potential acquisition of MMK-Trans is consistent with
the group's strategy to seek out growth both organically and by
means of selective acquisition," the company said.
It added it was also negotiating a long-term contract for
the transportation of MMK's freight rail volumes. The company
provided no financial details of the deal.
Business daily Kommersant reported last week Globaltrans
could buy MMK-Trans for around $300 million.