Loading...
Loading...
linde-raises-squeeze-out-offer-to-e189-46-per-share
linde-raises-squeeze-out-offer-to-e189-46-per-share

Linde raises squeeze out offer to €189.46 per share

0

Linde Intermediate Holding AG (Linde Intermediate) has confirmed shareholders will be offered an extra €1.22 to help complete a merger with Praxair, raising a squeeze-out offer to €189.46 per share.

The two industrial gas giants announced the €78bn ($90bn) merger after getting clearance from the US anti-trust approval in October, to create a new market leader.

The squeeze-out increase follows from adjustments based on current information regarding the assessment of the expected purchase prices for certain divestments required with respect to the business combination with US-based Praxair.

A court-appointed auditor had confirmed the improved offer was adequate, Germany-bsaed Linde said in a statement.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...