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EU: Regulators extend Siemens-Dresser-Rand probe

 |  March 10, 2015

European Union antitrust regulators have extended their investigation into Siemens’ $7.6-billion proposed takeover of U.S. oilfield equipment maker Dresser-Rand Group Inc , the European Commission said.

The EU competition watchdog will now decide by July 14 instead of June 30 whether to clear the deal, one of Siemens’ biggest, reported Reuters.

 

Full Content: Reuters

 

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