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Exclusive: Siemens near deal to buy Dresser-Rand - sources
By Soyoung Kim, Sophie Sassard and Anjuli Davies NEW YORK/LONDON (Reuters) - The German industrial conglomerate Siemens AG is near an agreement to acquire U.S. oilfield equipment makerÂ Dresser-Rand Group Inc for all cash, people familiar with the matter said on Sunday. A deal for Dresser-Rand, which has a market capitalization of more than $6 billion, could come as soon as Monday, some of them said. Siemens is expected to pay low- to mid-$80s per share, the sources said, compared to Dresser-Rand's Friday closing price of $79. ...
Ship saves 55 migrants off Libya; several die
ROME (AP) â€” The Italian coast guard says a cargo ship has rescued at least 55 migrants from Libyan waters after their rubber dinghy capsized. They say several bodies were spotted in the sea and up to 30 people might be missing.
Kenya marks 1 year since Westgate mall attack
NAIROBI, Kenya (AP) â€” Relatives of the dead, survivors and shop owners converged outside Nairobi's Westgate Mall on Sunday, lighting candles and laying flowers in memory of those killed a year ago when gunmen stormed the upscale mall.