Invensys to return proceeds of rail sale to shareholders

IT and engineering firm Invensys is returning to shareholders 625m pounds of the cash proceeds from its sale of its Rail business to Siemens.

IT and engineering firm Invensys is returning to shareholders 625m pounds of the cash proceeds from its sale of its Rail business to Siemens.

The return will be made through a distribution of 76.7p per share.

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