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Adtranz acquires Railcare jv

By 2000-11-01T11:00:00

ON OCTOBER 2 Adtranz UK announced that it had signed a sales and purchase agreement with Babcock International plc and Siemens Transportation Systems Ltd, covering the acquisition of their British rolling stock maintenance joint venture Railcare Ltd, owned 60% by Babcock and 40% by Siemens. Regulatory approval for the transaction ...

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