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GATX Corporation successfully completes the acquisition of Wells Fargo’s rail operating lease portfolio for $4.2 billion.

Jan 05, 2026•5 months ago

Contract Type

contract

ChicagoTransportation

Description

On January 1, 2026, GATX Corporation announced the successful closing of the acquisition of Wells Fargo’s rail operating lease portfolio, valued at approximately $4.2 billion. This acquisition aligns with GATX's strategy to expand its North American platform and enhance service capabilities. GATX is poised for growth and value creation for its shareholders following this milestone transaction.

Company Information

Company

GATX Corporation

Location

Chicago, Illinois, United States

About

At GATX Corporation (NYSE: GATX), we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines and tank containers to customers worldwide. Our mission is to provide innovative, unparalleled service that enables our customers to transport what matters safely and sustainably while championing the well-being of our employees and communities. Headquartered in Chicago, Illinois since its founding in 1898, GATX has paid a quarterly dividend, uninterrupted, since 1919.

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