THE GREENBRIER COMPANIES, INC. (BMV:GBX) Files An 8-K Other Events
On May1, 2017, the Company issued the attached press release
announcing the completion of its previously announced investment
in Amsted-Maxion Equipamentos E Servios Ferrovirios S.A.
(Greenbrier-Maxion). The Companys direct ownership position in
Greenbrier-Maxion increased from 19.5% to 60%. Greenbrier-Maxion
is the largest railcar manufacturer in South America.
The Company has also completed the previously announced increase
in its ownership interest in Amsted-Maxion Fundio E Equipamentos
Ferrovirios S.A. (Amsted-Maxion Cruzeiro) from 19.5% to 24.5%.
The Company retains an option to further increase its ownership
stake in Amsted-Maxion Cruzeiro to 29.5% subject to certain
conditions. Amsted-Maxion Cruzeiro manufactures castings and
components for railcars and other heavy industrial equipment.
Amsted-Maxion Cruzeiro now owns 40% of Greenbrier-Maxion, and
through its investment in Amsted-Maxion Cruzeiro the Company has
an additional approximately 10% indirect ownership interest in
|Item9.01||Financial Statements and Exhibits|
Press Release dated May1, 2017 of The Greenbrier Companies,
THE GREENBRIER COMPANIES, INC. (BMV:GBX) Recent Trading Information
THE GREENBRIER COMPANIES, INC. (BMV:GBX) closed its last trading session down -14.82 at 820.31 with 7,451 shares trading hands.