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Nishi-Nippon Railroad to Acquire NZ Logistics Firm

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Apr 11 - Fukuoka, April 10 (Jiji Press)--Nishi-Nippon Railroad Co. <9031> said Tuesday that it will acquire a 90 pct equity stake in GCS Logistics Ltd. of New Zealand, which mainly offers maritime cargo transportation services.

The railway operator, based in Fukuoka, southwestern Japan, did not disclose the value of the deal.

Source;  JIJI Press  |  ||  April 11, 2018   |||