CIT Group completed the sale of NACCO, its European rail leasing business, for net proceeds of $1.1 billion. read more

OCT 5, 2018 - 6:55 am

CIT reached agreement to sell NACCO, the European rail leasing business to German-based VTG for $890 million, plus freight car investments between January 1, 2017 and closing which could be up to $160 million. read more

JUL 5, 2017 - 7:26 am