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GIP Weighs Sale of $4 Billion Italian Train Operator

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Global Infrastructure Partners is considering a sale of high-speed train operator Italo in a deal that could value the company at about 4 billion euros ($4 billion), people with knowledge of the matter said. 

The New York-based investment firm is having early discussions about a potential divestment of Italo after owning it for more than four years, the people said, asking not to be identified because the information is private.