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Westinghouse Air Brake Technologies Corp (WAB.N)

WAB.N on New York Stock Exchange

102.03USD
19 Jun 2018
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Mon, May 21 2018

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GE to merge transportation unit with Wabtec in $11.1 billion deal

General Electric Co announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp , with GE and its shareholders owning just over half of the combined business. | Video

GE to merge transportation unit with Wabtec in $11.1 bln deal

General Electric Co announced a $11.1 billion (£8.2 billion) deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp , with GE and its shareholders owning just over half of the combined business. | Video

UPDATE 3-GE to merge transportation unit with Wabtec in $11.1 bln deal

* GE, shareholders to have 50.1 pct stake in merged firm (Adds details on the deal, Breakingviews link, updates shares)

BRIEF-Wabtec And GE Transportation To Merge in $11.1 Bln Deal

* WABTEC - TRANSACTION IS VALUED AT APPROXIMATELY $11.1 BILLION

GE merges transportation unit with Wabtec in $11.1 bln deal

May 21 General Electric Co confirmed on Monday it will merge its transportation business that makes train engines with Wabtec Corp, a U.S. manufacturer of equipment for the rail industry, in a deal valued at about $11.1 billion.

Exclusive: GE nears deal to merge transportation unit with Wabtec - sources

General Electric Co is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp , a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday.

Exclusive - GE nears deal to merge transportation unit with Wabtec: sources

General Electric Co is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp , a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday.

EXCLUSIVE-GE nears deal to merge transportation unit with Wabtec -sources

May 20 General Electric Co is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp, a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday.

EXCLUSIVE-GE nears deal to merge transportation unit with Wabtec -sources

May 20 General Electric Co is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp, a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday.

BRIEF-Wabtec Sees 2018 Revenue To Be About $4.1 Billion

* WABTEC PLANS TO AFFIRM 2018 FINANCIAL GUIDANCE AND LONG-TERM FINANCIAL TARGETS AT INVESTOR DAY

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