Textainer Group Buys 24K TEU from Managed Container Portfolio, Paid $32.6M
Textainer Group Holdings Limited (NYSE: TGH) (“Textainer”, “we”, and “our”), the world's largest lessor of intermodal containers based on fleet size, today announced that it acquired approximately 24,000 TEU (twenty-foot equivalent units) of standard dry freight containers from its managed fleet for approximately $32.6 million. The acquisition increases the percentage of Textainer's owned fleet to 72% from 59% at the start of 2012.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.