Wabtec and Faiveley transport jointly announce that Wabtec acquires majority ownership of Faiveley Transport Gennevilliers, 1 December 2016 On November 30, 2016, Wabtec Corporation has acquired majority ownership of Faiveley Transport S.A., after completing the purchase of the Faiveley family's stake, which represented about 51% of the company's shares outstanding. Wabtec plans to launch a tender offer for the remaining public shares in December. The strategic combination of Wabtec and Faiveley...