FRANKFURT, Dec 9 (Reuters) - Siemens Chief Executive Joe Kaeser said he would not consider pulling out of a deal to buy U.S. oilfield equipment maker Dresser - Rand as oil prices decline.
FRANKFURT, Dec 9 (Reuters) - German engineering group Siemens is now targeting 30 percent more savings from its acquisition of oilfield equipment company Dresser - Rand than previously announced, it...
Dresser - Rand should benefit from brisk energy exploration activity.
September, narrow-moat Siemens SIEGY announced it is buying Dresser - Rand DRC, which makes compressors and turbines for the oil and ..... unsuccessfully competed with GE for Alstom's gas turbine business. Dresser - Rand gives the company ammunition to compete more effectively in
halt in trading that fueled talk of a possible counteroffer to Siemen's bid for Dresser Rand . We prefer the repurchase, both because shares of Dresser Rand are already up nearly 20% in September after multiple acquisition bids, and because
* Siemens shares down 0.4 percent (Adds financial, legal advisers in last paragraph)
Narrow-moat Siemens announced it is buying Dresser - Rand , which makes compressors and turbines for the oil and ..... General Electric for Alstom's gas turbine business. Dresser - Rand gives the company ammunition to compete more effectively
We are no longer providing equity research on Dresser - Rand DRC. We provide broad coverage of more than 1,700 companies across more than 140 industries and adjust our coverage as necessary based on client demands and investor interest.
market capitalization: about $1.5 billion), Dresser - Rand Group (headquarters: Houston, market capitalization ..... shares of Chevron, Gazprom, Woodside Petroleum, Dresser - Rand Group , and Jacobs Engineering Group.
We are placing our fair value estimate for Dresser - Rand DRC under review as we reassess our existing assumptions.