BRIEF-Wabtec To Acquire Frauscher Sensor Technology Group-February 2024-www.financetom.com

BRIEF-Wabtec To Acquire Frauscher Sensor Technology Group

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BRIEF-Wabtec To Acquire Frauscher Sensor Technology Group

Jul 7, 2025 3:35 AM

July 7 (Reuters) - Westinghouse Air Brake Technologies

Corp ( WAB ):

* WABTEC TO ACQUIRE FRAUSCHER SENSOR TECHNOLOGY GROUP

* WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP ( WAB ) - 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

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