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...Wabtec was 3.2 per cent higher, although it had been up by as much as 5.9 per cent....
...Mr Culp said last month the company was aiming to raise more than $30bn from selling stakes in the healthcare division, in the oilfield services group Baker Hughes and in the transport equipment company Wabtec...
...Goldman Sachs advised Wabtec....
...Last year he advised Swiss pharmaceutical group Novartis on its purchase of AveXis, structured General Electric’s $11bn locomotive combination with Wabtec, and offered advice on the $6.4bn sale of ABB’s...
...Together with the previously announced merger of the transport equipment division with Wabtec, the businesses being shed accounted for 33 per cent of the company’s revenues and 30 per cent of its industrial...
Foreign groups are beating a retreat, writes Jan Cienski
...The state-owned Nuclear Power Corp of India and leading industry bodies warned the draft law would throttle the country’s fledgling nuclear power industry, by deterring private companies from providing nuclear...
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