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Vossloh boss to bid 447m euros for German trainmaker

Amount offered is for the remaining 70% stake that he doesn't already own


VOSSLOH AG chairman Heinz Hermann Thiele has said that he'll bid at least 447 million euros (S$690 million) for the 70 per cent of the German locomotive and railroad-equipment manufacturer that he doesn't already control.

He plans to offer 48-49 euros per share through his...

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