GE nears $20 billion deal to merge transportation unit with Wabtec, sources tell Reuters - CNBC

A deal that could value the combined company at more than $20 billion could be announced as early as this week, the sources said......»»

(Reuters) - General Electric Co is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp , a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday......»»

ReutersExclusive: GE nears deal to merge transportation unit with Wabtec - sourcesReuters(Reuters) - General Electric Co (GE.N) is nearing a deal to merge its trans.....»»

StreetInsider.comExclusive: GE nears deal to merge transportation unit with Wabtec - sourcesStreetInsider.comGet instant alerts when news breaks on .....»»

(Reuters) - General Electric Co announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp , with GE and its shareholders owning just over half of the combined business......»»

ReutersGE to merge transportation unit with Wabtec in $11.1 billion dealReuters(Reuters) - General Electric Co (GE.N) announced a $11.1 billion deal on Monday to merge .....»»

United Technologies Corp is nearing a deal to merge its aerospace business with U.S. defense contractor Raytheon Co and form a new company worth well over $100 billion, a person familiar with the matter said on Saturday......»»

General Electric Co is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp, a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday......»»

U.S. News & World ReportExclusive: GE Nears Deal to Merge Transportation Unit With .....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

A Reuters report Sunday afternoon said Wilmerding-based railroad systems manufacturer Wabtec Corp. may soon announce a merger with General Electric’s transportation business. Reuters quoted two unnamed sources that said the merger, which would cr.....»»

General Electric Co. is close to a deal to sell its transporta.....»»

The Business TimesGE nears $20 billion deal to sell transportation unit to Wabtec: reportMarketWatchGeneral Electric Co. GE, -0.40% is close to a deal to sell its transportation.....»»

Shares of General Electric Co. surged 2.0% in premarket trade Monday, after the industrial conglomerate agreed to merge its GE Transportation unit with rail opera.....»»

Wikimedia Commons General Electric's transportation business will merge with Wabtec in an $11.1 billion deal. GE shareholders will own 50.1% of the combined company. (Reuters) - General Electric Co confirmed on Monda.....»»

GE shares surge, putting them on track to kick off a new bull market, as investors cheer the industrial conglomerate’s $11.1 billion deal to merge its struggling transportation business with Wabtec Corp......»»

GE shares surge, putting them within earshot of a new bull market, as investors cheer the industrial conglomerate’s $11.1 billion deal to merge its struggling transportation business with Wabtec Corp......»»

GE shares flirt with kicking off a new bull market as investors cheer the industrial conglomerate’s $11.1 billion deal to merge its struggling transportation business with Wabtec Corp......»»

French luxury group LVMH is nearing a deal to buy U.S. jewelry chain Tiffany & Co for about $16.3 billion, sources familiar with the matter told Reuters on Sunday......»»

United Technologies Corp is nearing a deal to merge its aerospace business with U.S. defense contractor Raytheon Co and form a new company worth well over $100 billion, a person familiar with the matter said on Saturday......»»