Business

European Commission approves Wabtec acquisition of Faiveley

By 2016-10-04T15:01:00

The European Commission has announced regulatory approval for Wabtec’s proposed acquisition of Faiveley Transport.

EUROPE: The European Commission announced regulatory approval for Wabtec’s proposed acquisition of Faiveley Transport on October 4, subject to a commitment to divest the Faiveley Transport Gennevilliers sintered brake business which has annual sales of €12m.

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