CANADA: Bombardier acquired DaimlerChrysler Rail Systems
Bombardier (Canada) has agreed to acquire DaimlerChrysler Rail Systems (Adtranz) subsidiary in Berlin for $725 million in cash. The proceeds from the planned disposal of some of Adtranz's businesses, namely Fixed installations and Signalling, currently in the process of being sold to other parties, would reduce the net purchase price for Bombardier.
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