financetom
Business
financetom
/
Business
/
GATX to Buy About 6,000 Freight Railcars From DB Cargo
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
GATX to Buy About 6,000 Freight Railcars From DB Cargo
Sep 23, 2025 6:36 AM

09:25 AM EDT, 09/23/2025 (MT Newswires) -- GATX ( GATX ) said Tuesday it agreed to buy about 6,000 freight railcars from European rail freight operating company DB Cargo.

GATX ( GATX ) said it will acquire the railcars and then lease them back to DB Cargo.

Financial terms of the deal, which is expected to close by the end of the year, were not disclosed.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Coca-Cola Consolidated Board Approves 10-for-1 Stock Split
Coca-Cola Consolidated Board Approves 10-for-1 Stock Split
Mar 4, 2025
04:53 PM EST, 03/04/2025 (MT Newswires) -- Coca-Cola Consolidated ( COKE ) said Tuesday its board approved a 10-for-one stock split of the company's common shares and class B common shares. The stock split is conditional on approval by the company's shareholders to increase the number of authorized shares, according to Coca-Cola. The company plans to seek stockholder approval at...
Consolidated Edison Sets Public Stock Offering of 6.3 Million Shares
Consolidated Edison Sets Public Stock Offering of 6.3 Million Shares
Mar 4, 2025
04:58 PM EST, 03/04/2025 (MT Newswires) -- Consolidated Edison ( ED ) plans to offer 6.3 million common shares under a shelf registration statement. The shares are being offered by Barclays as the underwriter in transactions on the New York Stock Exchange, in the over-the-counter market or via negotiated deals at market prices or negotiated prices, Con Edison said Tuesday...
Fortive Names Mark Okerstrom CFO
Fortive Names Mark Okerstrom CFO
Mar 4, 2025
04:54 PM EST, 03/04/2025 (MT Newswires) -- Fortive ( FTV ) said late Tuesday it has appointed Mark Okerstrom as chief financial officer, starting March 24. Okerstrom will succeed Chuck McLaughlin, who is retiring as CFO but will remain in a non-executive role through year-end to support a smooth transition. Okerstrom most recently served as an external adviser at Bain...
Exclusive-TikTok parent ByteDance valuation rises in latest share buyback, sources say
Exclusive-TikTok parent ByteDance valuation rises in latest share buyback, sources say
Mar 4, 2025
(Reuters) - TikTok's parent company ByteDance is offering to buy back shares at a higher valuation than six months ago as it launches a new share repurchase program for U.S. employees this week, two people familiar with the matter told Reuters on Tuesday.  ByteDance told its U.S.-based employees that it is offering $189.90 per share, the people said. The price...
Copyright 2023-2026 - www.financetom.com All Rights Reserved