Railway schemes review

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UK - Two schemes for railway manufacturers are undergoing a heavyweight review. Bombardier Transportation said it had been obliged to have an actuarial valuation of both its UK schemes, and that an announcement would be made early in 2002.

The company said the review was obligatory following the purchase in April of Adtranz by Canada’s Bombardier Inc. The UK operations of both became Bombardier Transportation, although no changes we...

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