GERMANY - AXA to buy Pfleiderer Track Systems
AXA Private Equity has signed a contract with Pfleiderer AG for the acquisition of Pfleiderer Track Systems. The acquisition is subject to approval by the German anti-trust authority. A previous exclusivity agreement entered into with Vossloh AG, Werdohl was rescinded at the end of 2005, following a delay in the approval procedure due to misgivings by the German anti-trust authority.
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