We’ve seen a number of large German acquisitions announced this year such as Siemens’ $7.6 billion purchase of Dresser-Rand and Merck of Germany’s $17 billion acquisition of Sigma-Aldrich. Expect to see more of this trend from growth-starved, cash-rich German companies. By acquiring Dresser-Rand, Siemens can expand in the US and strengthen their presence in oil …
NY Times – DealB%k
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