Px-Linde Merge Lead

Linde plc today said it had completed certain required divestitures in the US and it will now fully integrate its business globally.

Linde and Praxair have announced the successful completion of their business combination, with Linde plc shares commencing trading on the New York Stock Exchange under the ticker symbol ‘LIN’.

It’s official: Praxair, Inc. and The Linde Group will complete a $90bn merger of equals, creating the single biggest player in the global industrial gases business.

South Korea’s antitrust regulator has ordered Linde AG and Praxair AG to sell assets in order for their proposed mega-merger to go ahead.

The Linde Group has announced that the Chinese antitrust authority, the State Administration for Market Regulation (SAMR), has provided clearance of its proposed business combination with Praxair, Inc.

Reports this morning suggest further asset sales to the Messer Group and CVC Capital Partners consortium could be on the cards as Praxair and Linde attempt to edge closer to Federal Trade Commission (FTC) approval...

Further colour has emerged on India’s approval of the Praxair-Linde merger, with a statement from the country’s Competition Commission (CCI) detailing the remedies required for clearance.

The Competition Commission of India (CCI) has approved the proposed mega merger of equals between Praxair and Linde, subject to certain conditions.

Linde AG has this morning confirmed that the revenue threshold for divestiture commitments will be exceeded if its merger with Praxair is to complete.

The European Commission has approved under the EU Merger Regulation the proposed mega merger of equals between Praxair and Linde.