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Robert C. Lyons, president and chief executive officer, GATX Corporation (NYSE: GATX), will present at the 2025 Wells Fargo ...
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GlobalData on MSNGATX, Brookfield Infrastructure to buy Wells Fargo’s rail assets for $4.4bnThe acquired portfolio, primarily freight cars (95%), has a 97% utilisation rate and a diverse mix of car types.
The bank will sell its rail operating lease assets to a joint venture between GATX and Brookfield Infrastructure.
USA: Wells Fargo & Co has entered into a definitive agreement to sell the assets of its rolling stock leasing business to a ...
A new joint venture of GATX Corp. and Brookfield Infrastructure Partners L.P. have entered into a definitive agreement to ...
Wells Fargo exits rail leasing with a major sale to GATX and Brookfield Infrastructure, transferring more than 125,000 rail ...
The transaction comes as the megabank is determined to simplify its operating model and shed units that have slower growth ...
Wells Fargo & Co. agreed to sell the assets of its rail equipment leasing business to a venture between Brookfield ...
Shares of GATX climbed after the company's new joint venture with Brookfield Infrastructure notched a deal to buy Wells Fargo's rail assets for a book value of about $4.4 billion. The stock rose 8.8% ...
Wells Fargo said on Thursday it has signed a deal to sell its rail equipment leasing business to a newly formed joint venture ...
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