Wells Fargo & Company cleared the final regulatory hurdles for the sale of its rail operating lease portfolio.
GATX Corporation and Brookfield Infrastructure Partners announced they received all necessary approvals for the acquisition. The companies will carry out the purchase through a joint venture.
The transaction, first announced on May 29, 2025, involves a significant portfolio within the rail leasing sector.
GATX anticipates the deal will officially close on or around January 1, 2026. The companies plan to release further details once the transaction finalizes.