PX-Linde Merge

Reports suggest the European Commission (EC) has privately outlined its antitrust concerns to Praxair and Linde over the terms of their $70bn merger of equals.

Linde plc and Praxair, Inc. have agreed to implement, in the event of a successful completion of the business combination, for the purpose of simplifying the future group structure under the newly incorporated Linde plc...

For many on the outside, it may seem like the trail has gone cold on this mega merger of equals.

Concerns the proposed $70bn coming together of Praxair, Inc. and The Linde Group may reduce competition in the supply of several crucial gases have been raised by the European Commission as it opens an in-depth...

After a slight decline in 2015, the US industrial gas market returned to growth in 2016 by posting total revenues of $20bn – growth of 2%. The key event of 2016 was of course the...

The final Exchange Offer results for Linde AG have been revealed with 92% of shareholders tendering.

The Linde Acceptance ratio for the voluntary public takeover offer (exchange offer) of Linde plc (Praxair-Linde) to the shareholders of Linde AG has now reached a 90% threshold.

Linde’s public takeover offer in the form of an exchange offer, has now exceeded its acceptance ratio of 60% – achieving a threshold of 74%.

Much of the publicity surrounding Praxair’s pending merger with Linde has focused on the geographic overlap between their atmospheric gas businesses, especially in the US.

Linde PLC has published an offer document regarding its voluntary public takeover offer in the form of an Exchange Offer to the shareholders of Linde AG to acquire all ordinary bearer shares without par value...