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Stock Market & Financial Investment News

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February 3, 2014
05:24 EDTCITCIT Group acquires Nacco SAS, terms not disclosed
CIT Group announced the acquisition of Paris-based Nacco SAS, an independent full service railcar lessor, in Europe. Nacco owns more than 9,500 railcars and services over 150 customers in 16 countries. The company will market itself as Nacco, A CIT Company. Terms of the transaction were not disclosed.
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