GATX Corp Announces Acquisition of Railcars from Wells Fargo

TradingView
2025.10.15 12:35
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GATX Corp announced a $4.4 billion acquisition of 105,000 railcars from Wells Fargo on October 15, 2025. The deal includes a joint venture with Brookfield, where GATX holds a 30% stake and has options to acquire up to 100%. Additionally, GATX will directly purchase 223 locomotives. Regulatory approvals are pending, with closure expected in Q1 2026, and GATX will manage the assets in the joint venture.

On October 15, 2025, GATX Corp announced a $4.4 billion acquisition of 105,000 railcars from Wells Fargo.

Key Highlights:

  • GATX forms a joint venture with Brookfield, holding a 30% stake initially.
  • GATX has annual call options to acquire up to 100% of the joint venture.
  • Transaction includes direct purchase of 223 locomotives by GATX.
  • Regulatory approvals are pending, with closure expected in Q1 2026.
  • GATX will manage the railcars and locomotives in the joint venture.

Original SEC Filing: GATX CORP [ GATX ] - 8-K - Oct. 15, 2025

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