A gold medal merger – but is all that glitters really gold?


“We all have dreams. But in order to make dreams come into reality, it takes an awful lot of determination, dedication, self-discipline and effort.”

Those were the words of infamous track and field athlete Jesse Owens, winner of four gold medals at the 1936 Olympics in Berlin, Germany.

I’m cautious not to draw parallels of any kind between such iconic cultural and political events as that quote, at that time, and what are relatively straightforward business deals – and yet that sentiment seems pretty pertinent when analysing the merger of Praxair and Linde, two heavyweights of the global industrial gases business.

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