Invensys expects rail disposal soon, but Q3 trading mixed

Engineering and software group Invensys reiterated that the completion of its rail disposal to Siemens should happen in the second quarter of 2013, as it continues to wait for the all-clear by regulators.

Engineering and software group Invensys reiterated that the completion of its rail disposal to Siemens should happen in the second quarter of 2013, as it continues to wait for the all-clear by regulators.

However, trading in the group's other divisions has faced mixed conditions, including delays in the timing of projects.

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