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Bombardier to buy stake in RZD signalling business
By Railway Gazette International2010-06-28T11:39:00
RUSSIA: Bombardier Transportation has beaten Siemens to be named the winner of a tender to acquire a 50% less two shares stake in Russian Railways' signalling supply subsidiary United Electrical Engineering Plants, known as Elteza. The share purchase deal is to be completed by the end of the year.
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