EU approves with conditions Wabtec's $1.8 bln Faiveley bid
October 04, 2016 at 09:00 AM EDT
BRUSSELS, Oct 4 (Reuters) - U.S. rail equipment maker Wabtec Corp secured EU antitrust approval for its $1.8 billion buy of Faiveley Transport after agreeing to sell the French company's sintered friction material business.