Brief: Wabtec To Acquire Frauscher Sensor Technology Group
07/07/2025 11:17
July 7 (Reuters) - Westinghouse Air Brake Technologies Corp WAB.N: WABTEC TO ACQUIRE FRAUSCHER SENSOR TECHNOLOGY GROUP WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP - WABTEC BUYS FRAUSCHER FOR €675 MILLION IN CASH WABTEC: FRAUSCHER EXPECTED GROWTH WILL EXCEED WABTEC'S AVERAGE GROWTH OVER NEXT FIVE YEARS WABTEC: PROPOSED DEAL ANTICIPATED TO PROVIDE ACCRETIVE ADJUSTED EPS IN FIRST YEAR OF OWNERSHIP Source text: ID:nBw3fqk0Ga Further company coverage: WAB.N ((Reuters.Briefs@thomsonreuters.com;))
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