# 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.

- Type: Acquisition
- Announced: 2018-05-20
- Where: United States
- Value: $20.0B
- Status: rumored
- Products: train engines, rail equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [General Electric](https://endata.com/companies/1262.md)
- [Wabtec](https://endata.com/companies/10385.md) (partner)

## Sources

- [streetinsider.com](https://www.streetinsider.com/Hot+M+and+A/Exclusive%3A+GE+nears+deal+to+merge+transportation+unit+with+Wabtec+-+sources/14216264.html), 2018-05-20: "A deal valuing the combined business at more than $20 billion could be announced as early as this week, the sources said."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.