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March 12, 1997updated 05 Sep 2016 1:00pm

SIEMENS SEEKS PARTNER OR BUYER FOR ITS DEFENSE UNIT

By CBR Staff Writer

Siemens AG yesterday confirmed that its defense electronics unit had hired Morgan Stanley & Co to help find a joint venture partner or buyer for the business. Siemens defense electronics employs some 5,000 workers, most of them at Siemens Plessey in the UK.

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