Items Tagged with 'siemens'

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Siemens Expanding U.S. Natural Gas, Oil Footprint With Dresser Takeover

Germany's Siemens AG is laying down $7.6 billion in cash to take over U.S. oilfield equipment maker Dresser-Rand Group Inc., giving it a bigger domestic market share, and as important, more access to Houston natural gas and oil decision-makers, the company’s CEO said Monday. Read More