The Linde Group’s acquisition of Lincare Holdings is now complete, after all outstanding shares of the Clearwater, FL-based company were acquired.
Linde had initially completed a tender offer which saw it purchase 88.85% of the shares of Lincare common stock then outstanding, at $41.50 per share in cash.
The group has now acquired all the remaining issued and outstanding shares by means of a short-form merger, whereby all such shares were converted into the right to receive the same $41.50 per share in cash that was paid in the tender offer.
The deal, estimated at a value of $4.6bn, sees Lincare become a wholly owned indirect subsidiary of Linde.
Lincare Holdings Inc., a US subsidiary of industrial gas and engineering company The Linde Group, has successfully closed the acquisition of fellow US company American HomePatient, Inc.
Electronic Fluorocarbons (EFC), headquartered in Massachusetts, utilizes the latest technology for the purification and microanalysis of its legacy fluorinated specialty gases and rare gases for the medical and electronics semiconductor manufacturing industries.
GTCR, a leading private equity firm, has recently completed the previously announced acquisition of Cole-Parmer Instrument Company from Thermo Fisher Scientific Inc.
Tech Air, a Connecticut-based distributor of industrial, medical, and specialty gases, and related welding supplies, announced that it has acquired US Oxygen Supply (US Oxygen) of Arlington, Texas, and Specialty Air Technologies (SAT) of Long Beach, California. Tech Air is owned by CI Capital Partners and Tech Air ...
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