Dresser-Rand (DRC +3.8%) is turning into a takeover target for potential buyers such as Siemens...

|About: Dresser-Rand Group Inc. (DRC)|By:, SA News Editor

Dresser-Rand (DRC +3.8%) is turning into a takeover target for potential buyers such as Siemens (SI), National Oilwell Varco (NOV) and Cameron (CAM), Bloomberg writes. GE’s decision to buy Lufkin this year at the highest multiple to profit on record signaled an appetite for takeovers in the oilfield equipment industry, and DRC could be next on the list as the number of takeout candidates in the space diminishes.