FRANKFURT, Germany — Germany’s Siemens has agreed to buy the U.S. oil-field equipment maker Dresser-Rand for $7.6 billion in cash, aiming to catch up with archrival General Electric in a booming U.S. shale-gas market.
The Columbus Dispatch Business Feed, Columbus Dispatch Business
Mon, 09/22/2014 - 11:16pm
FRANKFURT, Germany — Germany’s Siemens has agreed to buy the U.S. oil-field equipment maker Dresser-Rand for $7.6 billion in cash, aiming to catch up with archrival General Electric in a booming U.S. shale-gas market.