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Monday , 15 July 2024

Tag Archives: Federal Signal Corporation

3M to acquire electronic toll collection business

The US based 3M Company is acquiring the electronic toll collection business and other assets of another US company Federal Signal Corporation. 3M paid $110 million in cash for the deal, which also includes Federal Signal’s parking management hardware and software services. Those businesses are part of the company’s Federal Signal Technologies Group. The acquisition will serve the fast-growing $3 ...