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CIT Completes Sale of its European Rail Business

October 09, 2018

NEW YORK, Oct. 5, 2018 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that it completed the sale of NACCO, its European rail leasing business, for net proceeds of $1.1 billion based on current exchange rates. The sale was completed in two separate transactions and included...

Source URL: https://www.prnewswire.com:443/news-releases/cit-completes-sale-of-its-european-rail-business-300724984.html
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