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GATX Corporation Announces Expiration of HSR Waiting Period for Proposed Acquisition of Wells Fargo's Rail Assets

1. GATX's waiting period for acquiring Wells Fargo's rail lease portfolio has expired. 2. The acquisition awaits customary closing conditions after EU clearance.

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$168.2909/16 04:36 PM EDTEvent Start
$168.2909/16 09:34 PM EDTLatest Updated
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FAQ

Why Bullish?

The clearance indicates strong regulatory support for GATX's growth strategy. Past acquisitions often positively affected GATX's stock performance.

How important is it?

The acquisition significantly strengthens GATX's market position, influencing future earnings potential and stock price.

Why Long Term?

The acquisition will expand GATX's portfolio, enhancing revenue over time, similar to prior successful ventures.

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WFCBIP
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in connection with its pending acquisition of Wells Fargo's rail operating lease portfolio through a joint venture formed with Brookfield Infrastructure. The proposed transaction, which received clearance from the European Commission under the EU merger regulation in August 2025, remains subject to other customary closing co.

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