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PAMPLONA CAPITAL MANAGEMENT BUYS BEACON RAIL FOR C.$450M

London/New York – Pamplona Capital Management LLP (“Pamplona”) is pleased to announce that it has signed a definitive purchase agreement to acquire Beacon Rail Leasing (“Beacon”), a UK locomotive and rolling stock leasing company from BTMU Capital Corporation, a subsidiary of Mitsubishi UFJ Financial Group. The consideration, including commitments for firm future deliveries of locomotives is approximately $450 million. …Read More