Praxair-Linde: Details of divestments in India emerge from CCI


Further colour has emerged on India’s approval of the Praxair-Linde merger, with a statement from the country’s Competition Commission (CCI) detailing the remedies required for clearance.

News surfaced of the CCI’s conditional approval last week, after the organisation had tweeted, “CCI_India approves combination of Linde and Praxair, subject to compliance of certain modifications.”

India approves Praxair-Linde deal

The competition regulator has now issued an official statement, which confirms that, “Based on its investigation, the Commission was of the opinion that the proposed combination is likely to have an appreciable adverse effect on competition in some markets in India but the same could be addressed by way of modifications to the proposed combination.”

... 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...