Dresser-Rand Hires Morgan Stanley After Receiving Interest -Bloomberg
August 07 2014 - 3:51PM
Dow Jones News
Oil-field equipment maker Dresser-Rand Group Inc. (DRC) has
hired Morgan Stanley (MS) after receiving expressions of interest
from potential buyers, including Siemens AG (SIE.XE), Bloomberg
News reported Thursday on its website, citing people with knowledge
of the matter.
Sulzer AG (SUN.EB), a Swiss pump maker, had previously discussed
a merger with Dresser-Rand, the people told Bloomberg.
Full story at:
www.bloomberg.com/news/2014-08-07/dresser-rand-said-to-hire-morgan-stanley-to-prep-for-bids.html
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