Praxair, Inc. and The Linde Group have announced agreement on a non-binding term sheet governing the essential terms of a merger of equals between the two companies.
There is an expression ‘what goes around, comes around’ and that is very true related to the breaking news of a potential merger between Praxair, Inc. and The Linde Group. Here, gasworld Business Intelligence explores the history and potential future between the Tier One players.
Welding product manufacturer Lincoln Electric Holdings, Inc. has entered into exclusive negotiations to acquire Air Liquide’s welding business.
Asia-based private equity firm PAG has waded into the battle to acquire Yingde Gases.
While suspense grows over the long-anticipated mega merger between Praxair and Linde, speculation is surfacing of another significant deal that could also be part of an overall tectonic shift when it comes to industrial gas business market share.
The race to acquire Daesung Industrial Gases, one of the biggest players in the South Korean market, has reportedly been won by private Asian equity firm MBK Partners.
When The Linde Group and local player Delvar Afzar Industrial Gases announced their collaboration in a new joint venture (JV) in mid-January, it signalled the dawn of a new era in Iran’s industrial gases industry.
Air Liquide is expanding its presence in the clean energy sector after acquiring a UK-based natural gas infrastructure development firm and securing its place in a UK Government scheme worth £20m ($25m).
Yingde Gases has issued a response to Air Products’ public rebuttal of the Chinese company’s previous disclosures in ongoing takeover discussions.
In the latest development in the prospective acquisition activity between Air Products and Yingde Gases, the former has taken the unusual step of issuing a public rebuttal of previous disclosures from the Chinese company.
Seifi Ghasemi, Chairman, President and CEO of Tier One player Air Products, has paid a visit to Yingde Gases Group Company Limited as plans to acquire the Chinese outfit heat up.