Alstom, in an effort to reduce its debt load and negative cash flow position, on April 19 formalized a binding agreement with Knorr-Bremse AG, parent company of New York Air Brake (NYAB), to sell its ...
Knorr-Bremse is based in Munich but is aiming to grow further internationally. Credit: Dennis Diatel/Shutterstock German locomotive and rail supply firm Knorr-Bremse has acquired Alstom Signaling ...
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