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BRIEF-Wabtec receives clearance from EU for proposed combination with Faiveley Transport

Oct 4 Westinghouse Air Brake Technologies Corp

* Wabtec and Faiveley Transport receive clearance from European Commission for proposed combination

* Says approval is conditional upon a commitment to divest Faiveley Transport Gennevilliers

* Says acquisition of Faiveley family stake by Wabtec is expected to occur in Q4 of 2016

* Approval is conditional upon a commitment to divest Faiveley Transport Gennevilliers sintered brake material activity of faiveley transport

* Says both companies continue to cooperate with U.S. Department of Justice to reach approval for deal Source text for Eikon: Further company coverage:

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