SAN FRANCISCO — Wells Fargo will sell its rail leasing equipment business to a newly formed joint venture of GATX Corp. and Brookfield Infrastructure, the financial company announced Thursday (May 29, 2025). The joint venture will purchase approximately 105,000 railcars for $4.4 billion; Brookfield will separately acquire the Wells Fargo rail finance portfolio of approximately […]
Wells Fargo to sell rail leasing business
