Zhukov said Russian Railways wants to raise at least 115.5 billion roubles ($4.08 billion) from the sale of 75 percent in Freight One and 10.7 billion roubles from a sale of a 10 percent Transcontainer stake.
The company raised close to $400 million via the IPO of cargo unit TransContainer last November and has been an active borrower on capital markets as it seeks funding to invest in new infrastructure. (Reuters)