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Exclusive - Siemens near deal to buy Dresser-Rand: sources

2014-09-21 23:13:58| Telecom - Topix.net

The German industrial conglomerate Siemens AG is near an agreement to acquire U.S. oilfield equipment maker Dresser-Rand Group Inc for all cash, people familiar with the matter said on Sunday. A deal for Dresser-Rand, which has a market capitalisation of more than $6 billion , could come as soon as Monday, some of them said.

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