Wabtec to merge with GE Transportation

GE Transportation has a diesel locomotive production facility in Fort Worth, Texas. (Photo: Dave Lustig)

INDUSTRY: Wabtec Corp has entered into a definitive agreement to merge with GE Transportation, the companies announced on May 21. The transaction is expected to close in early 2019, subject to approval by Wabtec shareholders, and regulatory authorities, making Wabtec ‘a global leader in the rail equipment, software and services ...

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