A new leader crowned: Praxair and Linde to complete $90bn merger of equals


It’s official: Praxair, Inc. and The Linde Group will complete a $90bn merger of equals, creating the single biggest player in the global industrial gases business.

Linde has announced the closure of its long-awaited Business Combination following long-awaited approval from the US Federal Trade Commission (FTC) and European Commission approval of the buyer of Praxair’s divested businesses in Europe.

FTC approval had been the final piece in the merger’s jigsaw.

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