the Bioenergy impact site

Siemens into billion deal

Siemens has confirmed the purchase of American oil and gascompany Dresser-Rand. with a price tag of 7.6 billion dollars. According to Siemens  the offer of $ 83 per share got a  unanimous support of DresserRand’s board. The acquisition requires the approval of the competition authorities in both the USA and Europe.
The brand Dresser-Rand is retained.

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