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Wabtec to acquire Frauscher Sensor Technology for €675m

GlobalData
Summary
Nutrition label

78% Informative

Wabtec has signed a definitive agreement to acquire Frauscher Sensor Technology Group , a provider of train detection and axle counting systems, for 675 m ($ 794.6 m) in cash.

The acquisition is said to strengthen Wabec ’s presence in the railway signalling sector, aligning with its objectives of fostering innovation and productivity.

VR Score

70

Informative language

65

Neutral language

64

Article tone

formal

Language

English

Language complexity

80

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

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