(Reuters) - General Electric Co (GE.N) announced a $11.1 billion (£8.2 billion) deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp (WAB.N), with GE ...

Reports by Bloomberg of a potential sale of GE Transportation to Wabtec Corp. surfaced late Friday April 20, resulting in Wabtec shares gaining 4.5%. The potential transaction size is $6.8 billion, ...

CHICAGO--(BUSINESS WIRE)--GE Transportation, a unit of GE (NYSE:GE), announces that its Trip Optimizer Energy Management system has recently achieved 100,000,000 miles in revenue service, which has ...

GE will distribute all of the shares of GE Transportation common stock to GE shareholders as of the record date by means of a pro rata distribution. Following the spin-off, the transportation business ...

BERLIN--(BUSINESS WIRE)--GE Transportation (NYSE:GE) announced today at InnoTrans 2018 a new high-speed diesel engine program, which will serve the locomotive, marine and power generation segments.

Upon closing, Wabtec shareholders will own approximately 50.8% of Wabtec on a fully diluted basis, compared to approximately 49.9% under the previous terms. GE shareholders will directly own ...

GE Transportation has acquired ShipXpress, a provider of “cloud-based software solutions that enable transportation, industrial, and commodities businesses to efficiently operate with supply chain ...

In this June 1 photo, Richard Simpson, vice president for global supply chain for GE Transportation, poses beside a dual-cab, 4,500-horsepower Evolution Series locomotive built for India Railways, in ...

CHICAGO (CBS)-- GE Transportation will be moving its corporate headquarters from Erie, Pa., to Chicago, Mayor Rahm Emanuel announced Wednesday. Joined by chief executive officer Lorenzo Simonelli, ...

Philly Shipyard held a steel cutting ceremony for the new National Security Multi-Mission Vessel (NSMV), the first of five planned purpose-built, state-of-the-art training vessel for America’s state ...

(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 ...

General Electric will merge its train engine division with railroad manufacturing firm Wabtec in an $11 billion deal, a major move in GE CEO John Flannery's mission to streamline the Boston-based ...