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United States

Rumo SA (RAIL3.SA)

RAIL3.SA on Sao Paulo Stock Exchange

17.86BRL
18 Apr 2019
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R$ 17.86
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Thu, Mar 28 2019

UPDATE 1-Brazil's Rumo wins auction to operate freight railway; shares jump

SAO PAULO/BRASILIA, March 28 Brazilian logistics company Rumo SA on Thursday won an auction to build and operate a 1,537-kilometer freight railway for 30 years, with a bid of 2.7 billion reais ($694 million), according to the government.

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