NEW YORK, Sept 20 (AFP) : General Electric is lined up with Germany's Siemens and other companies in pursuit of oil equipment maker Dresser-Rand Industries, with any deal likely to be worth more than $6 billion.
Sources close to the matter confirmed to AFP Friday that GE has had preliminary discussions with the Houston, Texas company, though they would not say whether GE intends to make a formal offer. Earlier media reports in Europe said Germany's Siemens was set to launch a multi-billion-dollar bid for Dresser-Rand, even as Siemen's Swiss rival Sulzer had its eyes on the company as well.
Siemens, GE, others line up for Dresser-Rand
FE Team | Published: September 21, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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