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Wabtec acquires majority ownership of Faiveley Transport for $1.8 billion

30 Nov 2016

Jones Day advised Wabtec Corporation in the acquisition of approximately 51 percent of the share capital of Faiveley Transport S.A., a global supplier of high added value integrated systems for the railway industry, held by some members of the Faiveley family for $1.8 billion in cash and stock, including assumed debt. This acquisition will be followed by the launching of a tender offer for the remaining public shares.

In addition to M&A representation, Jones Day provided antitrust, executive compensation, labor, and tax advice regarding this transaction.

For additional information about this matter, please contact: Robert A. Profusek, Sophie Hagège
Client(s): Wabtec Corporation
Practice(s): M&A, Antitrust & Competition Law, Employee Benefits & Executive Compensation, Labor & Employment, Tax
Office(s): Paris, New York, San Francisco, Cleveland, São Paulo, Brussels, Washington, London, Amsterdam, Boston

Matter Type
M&A: Acquiror's Counsel
Industry
Automotive
News Category
M&A