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Stock impact report

Wabtec Announces Launch of Public Offering by Selling Stockholder

Westinghouse Air Brake Technologies Corporation (WAB) 
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am Check Earnings Report
US:NYSE Investor Relations: wabtec.com/investors
Company Research Source: Business Wire
WILMERDING, Pa.--(BUSINESS WIRE)--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 book-running managers for the offering. J.P. Morgan and BNP PARIBAS are acting as joint book-running managers for the offering.This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the Show less Read more
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