The proposed business combination between Praxair, Inc. and Linde AG has gained unconditional anti-trust clearance in Russia. This marks the first publicly official anti-trust approval for the Linde-Praxair merger.
Since 2012, Air Liquide has been the largest Tier One, by revenue, operating in Russia. However, according to estimates produced by gasworld Business Intelligence, the combination of Praxair and Linde will give the merged company a leading market share of approximately 18%.
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