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July 17, 2014
06:17 EDTDRC, SIEGYSiemens preparing bid for Dresser-Rand, Manager Magazin says
Siemens (SIEGY) is working with Lazard on a takeover bid for Dresser-Rand (DRC), Germany's Manager Magazin reports, citing sources close to Siemens. The German multinational would consider a hostile approach should Dresser-Rand rebuff its advances, the report adds. Shares Dresser-Rand, which manufactures a wide variety of products for use in the oil, gas, and process industries, closed yesterday up 12c to $60.42. The company has a market capitalization of $4.62B. Reference Link
News For DRC;SIEGY From The Last 14 Days
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November 29, 2015
14:22 EDTSIEGYSiemens says receives FDA clearance for Multitom Rax X-ray system
Siemens Healthcare announced it has received FDA clearance for its Multitom Rax robotic X-ray system.
November 25, 2015
12:41 EDTSIEGYSiemens to acquire Polarion, terms not disclosed
Siemens has entered into an agreement to acquire Polarion, developer of the first browser-based application lifecycle management enterprise solution, the company announced. Siemens said it will add the Polarion offerings to its Teamcenter software, which will further enhance Siemens support for systems driven product development. The transaction is expected to close during the first quarter of 2016. Terms of the acquisition will not be disclosed.
November 23, 2015
06:39 EDTSIEGYSiemens CEO: Political risk in Europe may harm investment plans, FT says
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