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On 28 November 2012, Invensys agreed to sell its rail arm to Siemens AG for £1.7bn. The sale was completed on 2 May 2013, and the group was amalgamated with the Siemens’ Rail Automation Business Unit in the Mobility and Logistics Division , which in turn a part of Infrastructure & Cities sector of Siemens.
Invensys Rail was ultimately sold to the German engineering conglomerate Siemens in exchange for £1.7 billion in May 2013. Between 2011 and early 2012, the company's share price fell by nearly 50%, which was attributed to a £40 million expense from the delayed production of control and safety systems for eight Chinese nuclear reactors .
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East Rail line: 6 February 2021: Siemens Trainguard MT CBTC: Replaced the Alstom TBL system which used ATO since 2002 West Rail line: 20 December 2003: SelTrac: Ma On Shan line: 21 December 2004: India: Ahmedabad Metro: East-West Corridor: 4 March 2019: Nippon Signal SPARCS: North-South Line: 6 October 2022: Chennai Metro: Blue Line: 21 ...
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