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Globaltrans Investment PLC In Exclusive Talks To Buy MMK-Trans From Magnitogorskiy metallurgicheskiy kombinat OAO-DJ

Sunday, 16 Dec 2012 11:04pm EST 

Dow Jones reported that Globaltrans Investment PLC (Globaltrans) said it is in exclusive talks to but a 100% interest in MMK-Trans, the rail unit of steel producer Magnitogorskiy metallurgicheskiy kombinat OAO (MMK). Globaltrans said it is also in parallel negotiations for a long-term contract to meet MMK's rail freight needs. 

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