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Dresser-Rand Enters Deal With Siemens AG
The company has reached an agreement to be acquired by Siemens AG, based in Germany. The $7.6 billion deal was announced early Monday.
Exclusive: Siemens near deal to buy Dresser-Rand - sources  Reuters
Siemens deal for Dresser-Rand makes sense long term, analysts say  Houston Business Journal (blog)
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Cerner Gets Regulatory Go-Ahead for Siemens AG Unit Buy
As part of the deal, Cerner and Siemens AG will form a strategic alliance, combining Cerner's health IT leadership and Siemens' strengths in medical devices and imaging.
Market Update (NASDAQ:CERN): Cerner Gets Regulatory Go-Ahead for ...  Jutia Group
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Siemens To Establish Energy Sector Presence Through Dresser-Rand Acquisition
Soon after, it was reported that Dresser-Rand was in talks with Siemens and Sulzer AG Winterthur (SULZF). Last week it was reported that Dresser-Rand was in talks with General Electric Company (GE), Siemen's largest competitor, as well.
Siemens splurges $7.6 billion on Dresser-Rand in US shale market bet
Siemens Chief Executive Joe Kaeser denied Siemens was pushed into bidding for Dresser-Rand because the U.S. group was about to agree a merger with Swiss pump maker Sulzer AG (SUN.S), whose Chairman Peter Loescher is a former Siemens CEO ...
Siemens to buy Dresser-Rand for $7.6 billion
German engineering company Siemens AG SIE, -0.49% announced a deal to acquire U.S. oil-equipment maker Dresser-Rand Group Inc. DRC, +2.58% for $7.6 billion.
Update: Siemens To Buy Dresser-Rand For $83/Share
On September 21, Bloomberg and the Wall Street Journal reported that Siemens AG (OTCPK:SIEGY) is purchasing Dresser-Rand Group (NYSE:DRC), in a cash deal, for $83.00/share and assuming $1.1 billion in debt in a deal valued at $7.6 billion.
Siemens to acquire Dresser-Rand for $7.6 billion
HOUSTON (AP) - German electronics and engineering company Siemens AG has reached a deal to acquire oilfield equipment maker Dresser-Rand for $7.6 billion.
Siemens AG is selling its stake in a home-appliance venture...
Siemens' Bosch Deal Marks Exit From Consumer Businesses.Siemens AG is selling its stake in a home-appliance venture with Robert Bosch GmbH for 3 billion euros ($3.9 billion) after 47 years of ownership as Europe's biggest engineering company exits its ...
Siemens to Sell 50% Stake in Appliance Joint Venture to Bosch for $3.85 Billion  Wall Street Journal
Bosch to Buy Out Siemens Venture in Push Beyond Car Parts  Bloomberg
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Siemens Strikes (SI) $7.6B Deal To Buy Dresser-Rand (DRC)
Siemens AG (ADR) (NYSE:SI) (FRA:SIE) (ETR:SIE) agreed to acquire U.S. oilfield equipment maker Dresser-Rand Group Inc. (NYSE:DRC) for $7.6 billion, paying $83 a share in cash.
Siemens AG share price down, considers a $6.5-billion offer for Dresser-Rand ...
According to people with knowledge of the matter, the biggest engineering company in Europe - Siemens AG - is considering to make an offer estimated to more than $6.5 billion for Dresser-Rand Group Inc. that could outgun an earlier bid by rival Sulzer AG.
Why Dresser-Rand Is Up Today  Bidness ETC
Deals of the day- Mergers and acquisitions  Reuters
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