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.

What company was also in the hunt for starters along with Siemens?

What was the premium paid by Siemens per share in this deal?

What is the total amount Siemens is reportedly paying for the acquisition?

What industry is Siemens trying to enter with this acquisition?

What type of contracts does Siemens aim to acquire through this deal?