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GATX-Brookfield JV's Waiting Period for Pending Takeover of Wells Fargo Rail Assets Expires
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GATX-Brookfield JV's Waiting Period for Pending Takeover of Wells Fargo Rail Assets Expires
Sep 16, 2025 2:12 PM

04:52 PM EDT, 09/16/2025 (MT Newswires) -- GATX ( GATX ) said late Tuesday the waiting period in connection with its pending acquisition of Wells Fargo's ( WFC ) rail operating lease portfolio via a joint venture with Brookfield (BN) unit Brookfield Infrastructure has expired.

The transaction, which received clearance from the European Commission in August, remains subject to closing conditions, the company said.

GATX ( GATX ) said it expects the deal to close in Q1 2026 or sooner.

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