BRAZIL > US based Greenbrier increases share in Brazil based Greenbrier-Maxion from 19.5% to 60% for $20Mn

amstedmaxion-logotipo-corte USA based Greenbrier is slated to exercise its option to increase its share in Brazil based Amsted-Maxion Equipamentos E Serviços Ferroviários (also known as Greenbrier-Maxion) from 19.5% to 60% for sum of $20MM. According to the press release by Greenbrier, the $20 million investment will be used to retire debt at Greenbrier-Maxion thereby reducing interest payments by $4 million annually.  Also The purchase More …