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Vossloh Electrical Systems sold to Knorr-Bremse
By Railway Gazette International2016-12-21T15:29:00
GERMANY: On December 21 Vossloh signed a contract for the sale of its Electrical Systems business unit to Knorr-Bremse. The transaction is expected to close in the first quarter of 2017, subject to regulatory approval, and would be backdated to July 1 2016.
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