Siemens acquires US oil and gas firm for $7.6bn

Siemens is acquiring Dresser-Rand in a $7.6bn (£4.6bn) cash deal which will help the German conglomerate boost its oil and gas business in North America. The German firm said its $83-a-share bid has been unanimously supported by Dresser-Rand's board of directors. via Pocket http://ift.tt/Z7IeiB