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Wednesday 9 March 2011

Rolls-Royce and Daimler eye Tognum Engine-Maker

The Independent
March 8, 2011

Rolls-Royce is in talks with Daimler about the possible acquisition of German engine-maker Tognum, the UK engineering giant said yesterday. The two companies are in "constructive discussions" over the plan for each to acquire equal stakes in Tognum, which is a leading supplier of engines and powertrains for ships, trains, and heavy industry.
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