Westinghouse Air Brake Technologies Closes Dellner Couplers Acquisition

MT Newswires Live
Feb 11

Westinghouse Air Brake Technologies (WAB) said Wednesday it has closed its acquisition of Dellner Couplers, a Swedish company that provides couplers and gangways for passenger rail rolling stock.

Financial details of the acquisition weren't provided.

The acquisition aims to strengthen Westinghouse's portfolio of mission-critical passenger rail systems, the company said.

Westinghouse Air Brake's shares were up 2% in recent Wednesday trading.

Price: 251.17, Change: +4.72, Percent Change: +1.91

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10