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Press Release
  • WABTEC ANNOUNCES PRICING OF PUBLIC OFFERING BY SELLING STOCKHOLDER

    08/07/2019

    WILMERDING, PA – August 7, 2019: Wabtec Corporation (NYSE: WAB) today announced the pricing of an underwritten secondary offering of 20,485,156 shares of Wabtec common stock at a public offering price of $72.50 by General Electric Company (“GE”), as the sole selling stockholder. The offering is expected to close on or about August 9, 2019, subject to the satisfaction of customary closing conditions. The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 2,048,515 shares. Wabtec will not receive any proceeds from the sale of the shares by the selling stockholder in this offering.

  • WABTEC ANNOUNCES LAUNCH OF PUBLIC OFFERING BY SELLING STOCKHOLDER

    08/06/2019

    WILMERDING, PA – August 6, 2019: Wabtec Corporation (NYSE: WAB) today announced the launch of an underwritten secondary offering of 20,485,156 shares of Wabtec common stock by General Electric Company (“GE”), as the sole selling stockholder. The selling stockholder expects to grant the underwriters a 30-day option to purchase up to an additional 2,048,515 shares. Wabtec will not receive any proceeds from the sale of the shares by the selling stockholder in this offering.

    Goldman Sachs & Co. LLC, BofA Merrill Lynch, Citigroup and Morgan Stanley are acting as joint lead…