BRIEF-Wells Fargo Enters Into Agreement To Sell Rail Equipment Assets-March 2024-www.financetom.com

BRIEF-Wells Fargo Enters Into Agreement To Sell Rail Equipment Assets

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BRIEF-Wells Fargo Enters Into Agreement To Sell Rail Equipment Assets

May 29, 2025 2:55 PM

May 29 (Reuters) - Wells Fargo & Co ( WFC ):

* WELLS FARGO ENTERS INTO AGREEMENT TO SELL RAIL EQUIPMENT

ASSETS

* WELLS FARGO ENTERS INTO AGREEMENT TO SELL RAIL EQUIPMENT

ASSETS

* WELLS FARGO & CO ( WFC ) - DEAL EXPECTED TO CLOSE IN Q1 2026

* WELLS FARGO & CO ( WFC ) - SALE NOT EXPECTED TO IMPACT WELLS

FARGO'S

FINANCIAL POSITION

* WELLS FARGO & CO ( WFC ) - SALE INCLUDES RAIL LEASE ASSETS WITH

BOOK

VALUE OF $4.4 BILLION

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