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Rumours that Invensys may sell rail signalling division
29/09/2006
There are rumours of a potential disposal by Invensys of its rail signaling division. Analysts following Invensys have said the rail systems division is doing very well and Invensys could profit from a potential sale. Turnover is £438m with an Profit of £65m. The rail signalling unit could be attractive to a Canadian firm Bombardier, which has no signalling division, or a private equity buyer.
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