WFC inks deal to sell its $4.4B rail leasing unit, sharpening its focus on core financial services and cost efficiency.

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% ...

A new joint venture of GATX Corp. and Brookfield Infrastructure Partners L.P. have entered into a definitive agreement to ...

Wells Fargo & Company entered into a definitive agreement to sell the assets of the company’s rail equipment leasing business to a newly formed joint venture between GATX Corporation and Brookfield ...

Wells Fargo to sell rail assets to joint venture for $4.4 billion, with GATX and Brookfield owning 30% and 70% respectively.

Wells Fargo exits rail leasing with a major sale to GATX and Brookfield Infrastructure, transferring more than 125,000 rail ...

Wells Fargo (WFC) stock garnered retail attention on Friday after the company agreed to sell its rail equipment leasing ...

Wells Fargo & Co. agreed to sell the assets of its rail equipment leasing business to a venture between Brookfield ...

The deal, which the U.S. banking giant said will not have a material impact on its financial position or earnings, includes ...

Wells Fargo (WFC) announced on Thursday a definitive agreement to sell the assets of its rail equipment leasing business to a ...

US equity-index futures dropped and Treasuries yield curve steepened after Moody’s Ratings stripped the US government of its top credit rating, citing a ballooning budget deficit it said showed little ...