Reuters - Video

Edition: US | UK | IN | CN | JP

video Finance Videos

GE sells transportation unit for $11 bln

Monday, May 21, 2018 - 01:17

General Electric confirmed it was unloading the bulk of its transportation business which makes train engines to Wabtec, a U.S. manufacturer of equipment for the rail industry, in a deal valued at about $11 billion. Aleksandra Michalska reports.

▲ Hide Transcript

View Transcript

General Electric confirmed it was unloading the bulk of its transportation business which makes train engines to Wabtec, a U.S. manufacturer of equipment for the rail industry, in a deal valued at about $11 billion. Aleksandra Michalska reports.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

GE sells transportation unit for $11 bln

Monday, May 21, 2018 - 01:17