Banking organisation HSBC Holdings is expected to confirm the ВЈ2bn ($3.2bn) sale of its train rolling stock unit to a consortium led by Morgan Stanley this week.
The business, formerly known as Eversholt Holdings, is one of the UK's three rolling stock groups and owns about a third of the UK's rail rolling stock.
HSBC, which is trying to raise cash by selling non-central assets, originally put the asset up for sale at the beginning of this year.
Alongside Morgan Stanley are 3i Group's infrastructure fund and private equity fund Star Capital.
Other bidders to have expressed interest include CVC Capital Partners and Terra Firma Capital Partners, but it is not disclosed whether they have made any submissions.
The sale will represent the last exit by a UK bank from the rail rolling stock industry.
