Textainer (TGH) Gains Majority Stake in Bermuda Container Company

Go back to Textainer (TGH) Gains Majority Stake in Bermuda Container Company

Textainer (TGH) Acquires 24,000 TEU Containers in $32.6M Deal

January 2, 2013 4:48 PM EST

Textainer Group Holdings Limited (NYSE: TGH) 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 Textainers owned fleet to 72% from 59% at the start of... More