Westinghouse Air Brake Technologies Corporation (WAB) - NYSE
  • Jul. 27, 2015, 8:52 AM
    • Wabtec (NYSE:WAB) agrees to acquire Faiveley Transport, a France-based provider of value-added, integrated systems and services for the railway industry, in a cash and stock deal valued at ~$1.8B, including assumed debt.
    • WAB expects the combined company will have revenues of ~$4.5B and a presence in all key freight rail and passenger transit geographies worldwide; it expects to realize at least €40M in annual pre-tax synergies from the combination, and for the transaction to be accretive to earnings in 2016.
    | Jul. 27, 2015, 8:52 AM
  • Feb. 1, 2013, 11:27 AM

    Wabtec (WAB +2.8%) moves higher today after saying it's acquired Napier Turbochargers, a UK -based provider of turbochargers and related parts for the worldwide power generation and marine markets with annual sales of about $55M. WAB expects the transaction to be accretive in the first year.

    | Feb. 1, 2013, 11:27 AM
Company Description
Westinghouse Air Brake Technologies Corp. provides value added technology based equipment and services for the global rail industry. The company provides products and services through two principal business segments: Freight & Transit. The Freight Segment primarily manufactures and services... More
Sector: Services
Industry: Railroads
Country: United States