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DOJ requires Wabtec to divest Faiveley Transport's US freight car brakes business

( October 26, 2016, 19:48 GMT | Official Statement) -- MLex Summary: The Department of Justice said Wednesday that it will require Westinghouse Air Brake Technologies Corporation to divest Faiveley Transport North America’s US freight car brakes business in order for Wabtec to proceed with its acquisition of Faiveley Transport S.A. and Faiveley Transport North America.Statement follows in full:...

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