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Invensys sells Westinghouse Brakes
By Railway Gazette International and CMAJ2000-06-01T10:00:00
INDUSTRIAL conglomerate Invensys plc - formed last year through the merger of BTR and Siebe - announced on April 25 that it had decided to sell its Westinghouse Brakes business units to Knorr-Bremse of Germany, for an aggregate cash consideration of £65m.
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