GE nears deal to merge transportation unit with Wabtec

General Electric is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp. The combined business is valued at more than $20 billion.

“A deal valuing the combined business at more than $20 billion could be announced as early as this week, the sources said.”streetinsider.com

• 1 source
• streetinsider.comExclusive: GE nears deal to merge transportation unit with Wabtec - sourcesMay 20, 2018

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