Siemens Agrees to Buy Dresser-Rand for $7.6B

The video discusses Siemens' acquisition strategy in the energy sector, focusing on their recent deal to acquire a US-based company. Siemens aims to capitalize on the shale and fracking boom in the US by securing lucrative service contracts. The acquisition, valued at $7.6 billion, includes a premium price per share. Siemens is also shedding non-core assets, similar to GE's recent moves, to focus on synergies in oil extraction and energy business. The video highlights the strategic importance of these moves in the context of industry consolidation.

Which company was also in the race alongside Siemens for strategic acquisitions in the energy sector?

• General Electric

• Alstom

• Soldier AG

• Bosch

What was the primary asset Siemens aimed to acquire in the US energy market?

• Shale oil fields

• Oil extraction equipment

• Natural gas reserves

• Long-term service contracts

How much premium did Siemens pay per share in their recent acquisition?

• 15%

• 20%

• 5%

• 10%

Which asset did Siemens decide to shed as part of their divestment strategy?

• Energy service contracts

• Home appliance unit

• Oil extraction business

• Gas turbine division

What similar strategic move did GE make recently?

• Acquiring a US-based company

• Entering the shale industry

• Investing in gas turbines

• Exiting the home appliance business