Germany's Siemens (SIEGn.DE) is considering a bid for compressor and turbine maker Dresser-Rand (DRC.N) that could potentially derail a merger between Dresser-Rand and Swiss pump maker Sulzer (SUN.S), according to several media reports on Friday.
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The government of South Africa had planned to obtain a 20% free stake in each of new oil development projects.
The new joint venture to participate in projects in the Middle East and Africa comprised of Arabtec and Samsung Engineering Co.
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