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Siemens Said Near Sale of Airports Unit to Wilbur Ross

2014-05-05 09:44:51| Industrial Machines - Topix.net

Siemens AG , Europe 's largest engineering company, is close to finalizing an agreement to sell its logistics and airports solutions business to a group led by billionaire investor Wilbur Ross as it exits underperforming businesses, two people familiar with the talks said.

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