NEW YORK – CIT Group Inc. has reached a agreement to sell NACCO, its European rail leasing business, to German based VTG Aktiengesellschaft for a purchase price of $890 million. The business arrangement also includes all investments in freight ...
http://trn.trains.com/news/news-wire/2017/07/03-cit-to-sell-off-european-rail-business
Brian Schmidt, Editor, Classic Trains magazine
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