Adtranz takeover completed

BOMBARDIER completed its acquisition of DaimlerChrysler Rail Systems GmbH (Adtranz) on May 1, following the approval by the European Commission’s competition authorities (RG 5.01 p349) of the sale and purchase agreement with DaimlerChrysler AG announced last August. The purchase was completed for a cash consideration of C$1·1bn (k790m), subject ...

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