06:25 AM EST, 01/14/2025 (MT Newswires) -- Westinghouse Air Brake Technologies ( WAB ) said Tuesday it has entered a definitive agreement to acquire Evident's Inspection Technologies division for $1.78 billion.
The purchase price will be around $1.68 billion after tax benefits, Wabtec said.
The transaction, subject to customary closing conditions and regulatory approvals, is expected to be finalized in H1.