RAG Stiftung exits Stadler Rail via Sfr181m block

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RAG Stiftung exits Stadler Rail via Sfr181m block

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T0JNDN MINSK REGION, BELARUS - MARCH 20, 2019: Assembling a double-decker train at the Stadler Minsk rolling stock plant; a Belarusian subsidiary of Stadler Rail, the plant produces single- and double-decker trains, Metelitsa-type trams specially for CIS markets and broad-gauge metro trains as well. Natalia Fedosenko/TASS | Alamy Stock Photo

RAG Stiftung, the foundation set up by the German government to finance the discontinuation of coal mining in the Ruhr region, has sold its remaining shares in Stadler Rail, the Swiss maker of rolling stock, via an accelerated bookbuild on Monday evening.

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