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Pandrol to be sold
By Railway Gazette International and CMAJ1999-04-01T10:00:00
ANNOUNCING its preliminary results for 1998 on March 16, British-based industrial and engineering congolmerate Charter plc revealed that it is to spin off its Pandrol Rail Fastenings subsidiary. Chief Executive Nigel Smith said ’a comprehensive strategic review focussing on the creation of shareholder value has resulted in the decision to ...
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