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GATX, Brookfield Infrastructure to buy Wells Fargo's rail assets for $4.4bn

By Yahoo! Finance   |   3 weeks ago
GATX, Brookfield Infrastructure to buy Wells Fargo's rail assets for $4.4bn

GATX has partnered with Brookfield Infrastructure to acquire 105,000 railcars from Wells Fargo for $4.4bn. GATX will hold a 30% equity stake in the joint venture, with an option to acquire full ownership later.

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