Air Products attempts Airgas takeover


Sensational news from the US, where major industrial gases player Air Products is making the first moves in an attempt to acquire fellow gas & equipment company Airgas Inc.

We can report that Air Products has made an offer to acquire Airgas for $60.00 per share in cash – which represents a deal worth around $7bn in total.

Airgas has confirmed the approach with a resolute response of its own, however. In a statement released later today, the company confirmed receipt of the ‘unsolicited proposal’ and noted that its Board of Directors will 'review the proposal with its financial and legal advisors'.

... 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...