GE shares rose 2.8 percent to $15.39 ... with GE spinning off the transportation unit and simultaneously merging it with Wabtec. The $11.1 billion deal value includes a $1.1 billion net tax ...

Feb 4 () - General Electric Co said on Monday it expects to close the merger of its transportation business ... GE said on Monday it would distribute 8.7 billion shares to shareholders on Feb ...

The first, which was announced on June 8, is with Pakistan Railways for ... of big deals coming out of GE's beleaguered transportation unit. With the high margins it generates, this will not ...

DETROIT, Jan 30 (Reuters) - General Motors (GM.N), opens new tab said Tuesday it is cutting spending by about $1 billion on troubled robotaxi unit Cruise ... more than $8 billion in losses.

agreed to buy General Electric Co.’s transportation finance business in the U.S. and Canada. The unit had net earning assets of about C$11.5 billion ($8.7 billion) as of June 30, the Toronto ...

(Reuters) - General Electric Co said on Monday it expects to close the merger of its transportation business ... GE said on Monday it would distribute 8.7 billion shares to shareholders on Feb ...