Wabtec to buy Dellner Couplers from EQT for $960 million [Yahoo! Finance Canada]
Westinghouse Air Brake Technologies Corporation (WAB)
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am
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Source: Yahoo! Finance Canada
firm EQT for $960 million in cash, as the heavy industrial parts maker looks to strengthen its passenger rail business. The deal, to be financed through cash on hand and short-term debt, is expected to boost Wabtec's high-margin recurring revenue and enhance its operational performance. "Dellner Couplers provides significant synergies by complementing our core transit systems portfolio, servicing a joint customer base and leveraging our strong service capabilities," Wabtec CEO Rafael Santana said. Sweden-based Dellner Couplers, which EQT acquired in 2019, makes train connection systems, with production, assembly and aftermarket services facilities in 13 countries. Pittsburgh, Pennsylvania-based Wabtec — a provider of equipment, systems and aftermarket services for freight and transit rail industries — expects the deal to boost its adjusted profit in the first year of ownership. (Reporting by Kannaki Deka in Bengaluru; Editing by Shilpi Majumdar) Recommended Stories
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News
- Possible Bearish Signals With Westinghouse Air Brake Technologies Insiders Disposing Stock [Yahoo! Finance]Yahoo! Finance
- Wabtec (NYSE:WAB) had its price target raised by analysts at Wells Fargo & Company from $221.00 to $224.00. They now have an "equal weight" rating on the stock.MarketBeat
- Is It Time To Consider Buying Westinghouse Air Brake Technologies Corporation (NYSE:WAB)? [Yahoo! Finance]Yahoo! Finance
- Westinghouse Air Brake Technologies (NYSE:WAB) shareholders have earned a 25% CAGR over the last five years [Yahoo! Finance]Yahoo! Finance
- Why Wabtec (WAB) Stock Is Up Today [Yahoo! Finance]Yahoo! Finance
WAB
Earnings
- 10/22/25 - Beat
WAB
Sec Filings
- 12/19/25 - Form 4
- 12/17/25 - Form 144
- 12/17/25 - Form 4
- WAB's page on the SEC website