Mergers & Acquisitions ·
GATX Corporation exercised its first call option to acquire an interest in GABX Leasing Holding LLC, increasing its…
GATXGatx Corp
GATX Corporation exercised its first call option to acquire an interest in GABX Leasing Holding LLC, increasing its indirect interest in the joint venture GABX Leasing LLC to approximately 33.535%. The transaction involves an amended and restated Blocker LLC Agreement to grant GATX joint approval rights over fundamental actions such as equity issuances and indebtedness. GATX Corporation is a provider of equipment leasing solutions for the transportation industry.