MARKET COMPOSITE
TGH - Textainer Group Holdings Limited
Price
$0.00
+ 0.00 (0.00%)
Textainer Group Holdings Limited is a holding company that focuses on purchasing, leasing, and resale of marine cargo containers. The company was set up in 1979 and is based in Hamilton, Bermuda. There are three business segments: Container Ownership, Container Management, and Container Resale. As of January 22, 2014, the company was the lessor of about two million intermodal containers. The company leases containers to more than 400 shipping lines and other lessees. In October 2012, it acquired about 81,000 twenty-foot equivalent units of dry freight containers from managed fleet. In December 2012, the company acquired a 50.1% interest in TAP Funding Ltd. In January 2013, the company acquired about 24,000 twenty-foot equivalent units of standard dry freight containers from its managed fleet. The company owns two subsidiaries, Textainer Equipment Management Limited and Textainer Limited . TL owns two subsidiaries, Textainer Marine Containers Limited and TW Container Leasing Ltd. (owned by TL and Wells Fargo Container Corp.. Textainer operates in 14 regional and area offices: Americas Region in Hackensack, New Jersey; European Region in London; North Asia Region in Yokohama; and the South Asia Region in Singapore. The company has more than 400 leasing customers and more than 1,100 container sales customers. In January 2014, Textainer Group Holdings Limited completed the acquisition of about 30,000 TEU of standard dry freight containers from its managed fleet , which increased the percentage of Textainer’s owned fleet to 77%. In December, 2013, the company announced their fleet surpassed 3 million TEU, which represented a major milestone for the company as well as the industry. In December, 2012, Textainer acquired a 50.1% interest in TAP Funding Ltd. for about $78 million, with many types of container . In May 2011, Textainer acquired about 171,000 TEU of containers and related lease rights and working capital that it has been managing for Buss Global since 2006. In October 2009, Textainer acquired 31,000 containers of Amphibious Container Leasing Limited , mostly speciality containers.
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Stock news

    NEW YORK and HAMILTON, Bermuda, March 14, 2024 (GLOBE NEWSWIRE) -- Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced it has completed its acquisition of Textainer Group Holdings Limited (NYSE: TGH; JSE: TXT) (“Textainer” or “the Company”), one of the world’s largest lessors of intermodal containers. “Today we embark on Textainer’s exciting next chapter with a renewed commitment to delivering high quality equipment and best-in-class s

    HAMILTON, Bermuda and NEW YORK, March 14, 2024 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE: TGH; JSE: TXT) (“Textainer”), one of the world’s largest lessors of intermodal containers, today announced that it completed the previously announced acquisition of Textainer by investment vehicles managed by Stonepeak. All common shares of Textainer converted into the right to receive $50.00 per share in cash. The per share consideration paid to shareholders on the JSE will be in South Afr

    ClearBridge Investments, an investment management company, released its “ClearBridge Small Cap Value Strategy” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. The strategy underperformed the benchmark Russell 2000 Value Index in the fourth quarter. The strategy generated gains across eight of the 11 sectors in which it was invested during […]

    HAMILTON, Bermuda and NEW YORK, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE: TGH; JSE: TXT) (“Textainer”), one of the world’s largest lessors of intermodal containers, today announced that at a special meeting of its shareholders held on February 22, 2024, Textainer’s shareholders voted to approve the proposed acquisition of Textainer by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. Upon closing the acquisition, Text

    HAMILTON, Bermuda, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE: TGH; JSE: TXT) (“Textainer”, “the Company”, “we” and “our”), one of the world’s largest lessors of intermodal containers, today reported unaudited financial results for the fourth-quarter and full-year ended December 31, 2023. Key Financial Information (in thousands except for per share and TEU amounts) (1) and Business Highlights: QTD Full-Year Q4 2023 Q3 2023 Q4 2022 2023 2022 Total lease rental income

    Donald Smith & Co (Trades, Portfolio)., a notable investment firm, has recently made a significant adjustment to its investment in Textainer Group Holdings Ltd (NYSE:TGH). This transaction had a -1.51% impact on the firm's portfolio, bringing its total share count in Textainer to 1,954,585, which now represents 3.36% of the firm's equity portfolio and 4.84% of Textainer's outstanding shares.

    Special Meeting to Be Held on February 22, 2024HAMILTON, Bermuda and NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE: TGH; JSE: TXT) (“Textainer”), one of the world’s largest lessors of intermodal containers, today announced that it has published its proxy statement relating to a special meeting of its shareholders (the “Special Meeting”) to approve the previously announced acquisition of Textainer by Stonepeak, a leading alternative investment firm specializin

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    HAMILTON, Bermuda and NEW YORK, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE: TGH; JSE: TXT) (“Textainer”), one of the world’s largest lessors of intermodal containers, today announced the expiration of the 30-day “go-shop” period under the terms of the previously announced definitive agreement to be acquired by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. Under and subject to the terms of the agreement, Stonepeak wi