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European regulators clear Siemens' buyout of Dresser-Rand

2015-06-29 15:01:52| Industrial Machines - Topix.net

" European regulators have cleared Siemens' $7.6 billion acquisition of the U.S. oilfield equipment maker Dresser-Rand. The German electronics and engineering company is beefing up its global oil and gas and power generation businesses, seeing growth opportunities in Dresser-Rand's portfolio of compressors, steam and gas turbines and engines.

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