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The 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 ...

Shares of leasing services company GATX (NYSE:GATX) jumped 10% in the afternoon session after it struck a $4.4 billion deal ...

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

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

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

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 ...

In trading on Friday, shares of GATX Corp (Symbol: GATX) crossed above their 200 day moving average of $149.57, changing hands as high as $162.75 per share. GATX Corp shares are currently trading ...