M&A Alstom closed on a $13.7 billion sale of its energy activities to General Electric. ... Vossloh AG's board signed a contract for the sale of its rail vehicles business unit to Stadler Rail AG for about $52.4 million in cash. As part of the deal, Stadler will also take over debt liabilities against the unit of $135.3 million. Mechanical As part of an 11-year, $2.6 billion locomotive supply and maintenance contract, GE will invest $200 million to develop and supply Indian Railways with 1,000 diesel locomotives.... Alstom also was awarded a $3.22 billion contract to supply Indian Railways with 800 double-section freight electric locomotives and associated long-term maintenance. ... The Southeastern Pennsylvania Transportation Authority (SEPTA) awarded Siemens a $118 million contract to build 13 electric locomotives, supply spare parts and provide operation and maintenance training.... Wabtec Corp. received a $26 million order to provide components for 1,186 freight cars to be built for the Saudi Arabia Railway.
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