(Reuters) - Industrial conglomerate Siemens AG said on Monday it would buy U.S. oilfield equipment maker Dresser-Rand Group Inc for $7.6 billion, in a move that would significantly boost the German company's oil and gas business in North America.
Reuters reported on Sunday that the companies were nearing a deal.
(Reporting by Supriya Kurane in Bangalore; Editing by Diane Craft)
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