News

Wells Fargo to sell assets of rail equipment leasing unit
Wells Fargo (NYSE:WFC) announced on Thursday a definitive agreement to sell the assets of its rail equipment leasing business ...
Banking Dive1d
Wells Fargo offloads $4.4B railcar business
The bank will sell its rail operating lease assets to a joint venture between GATX and Brookfield Infrastructure.
Wells Fargo to sell its railcar business for $4.4 billion
The transaction comes as the megabank is determined to simplify its operating model and shed units that have slower growth ...
Wells Fargo Agrees to Sell Railcar Assets to Brookfield, GATX
Wells Fargo & Co. agreed to sell the assets of its rail equipment leasing business to a venture between Brookfield ...
TMCnet5d
Wells Fargo Enters into Agreement to Sell Rail Equipment Assets
The sale includes Wells Fargo's entire portfolio of rail operating lease assets, representing a book value of approximately ...
Wells Fargo Sells Rail Leasing Business Assets In $4.4 Billion Deal
Wells Fargo to sell rail assets to joint venture for $4.4 billion, with GATX and Brookfield owning 30% and 70% respectively.