Westinghouse Air Brake Technologies Corp

NYSE:WAB   11:40:23 AM EDT
91.70
+0.52 (+0.57%)
Debt Financing / Related, Other Pre-Announcement

Wabtec To Acquire Nordco

Published: 03/23/2021 12:44 GMT
Westinghouse Air Brake Technologies Corp (WAB) - Wabtec to Acquire Nordco.
Wabtec Corp - Expects Nordco to Be Immediately Accretive to EBITDA Margin, EPS and Cash Flow in 2021 After Adjusting for One-time Costs.
Wabtec Corp - Nordco is Expected to Have Full Year 2021 Sales of More Than $175 Million.
Wabtec Corp - Deal for 400 Million in Cash, Financed Through Cash on Hand and a Revolving Credit Facility.