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The administrators of collapsed engineering group RCR Tomlinson say 400 jobs have been saved with the sale of its rail business to John Holland.

RCR Tomlinson, which employed more than 3400 people, went into administration last month after 120 years in business.

Administrators McGrath Nicol said on Friday the sale of RCR O’Donnell Griffin’s Rail saved the jobs of 400 employees, who will transfer to John Holland, and their entitlements have been preserved.