Siemens AG, the famous electronics conglomerate, announced Sunday that it made a bid to take over all outstanding commons shares of Dresser-Rand Group Inc, the equipment solutions firm, for a deal worth $7.6 billion.
General Electric, the multinational conglomerate, announced Monday, Sep 08, that it has agreed to sell its electric appliance business to the Swedish electronics giant Electrolux for $3.3 billion.
