The proposed merger of equals between Praxair, Inc. and The Linde Group continues to gather pace toward a hoped-for Q2 transaction, and yet reportedly faces ongoing challenges from German unions.
Linde remains stoic in its aims to push forward with the merger, citing the many benefits of the potential merger for both the company and its shareholders – but making clear that a positive conclusion will only be reached if the overwhelming majority of the Linde shareholders support the combination.
Discussions between Praxair and Linde continue and it should be noted that at the time of writing they show no sign of abating, but the unwavering challenge to that dialogue highlights how a seemingly strong combination in prospect could eventually fail to reach fruition.
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