13.02.2014 00:07:00
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Westinghouse Air Brake Technologies Corp. -- Moody's: Wabtec's acquisition of Fandstan is credit positive; ratings and outlook unaffected
New York, February 12, 2014 -- Moody's Investors Service said that Wabtec Corporation's announcement that it has signed a definitive agreement to acquire Fandstan Electric Group Ltd. is credit positive. The Baa3 senior unsecured rating and stable outlook for Wabtec are unaffected. For more information please see www.moodys.com.