Home to the fifth-largest industrial gas market of the eight regions in the US, the Mid-Atlantic gases business was worth just over $2.1bn in 2016 – up from $1.5bn in 2006. This indicates an average...
Linde AG has this morning confirmed that the revenue threshold for divestiture commitments will be exceeded if its merger with Praxair is to complete.
The European Commission has this evening announced the approval of Praxair’s proposed merger with The Linde Group, signalling a major step forward for the deal.
The European Commission has approved under the EU Merger Regulation the proposed mega merger of equals between Praxair and Linde.
Having reported last month that a 51% majority stake in Baosteel Gases was available for purchase, with Hangzhou Hangyang reportedly keen to pursue this investment, gasworld understands that private equity fund PAG has won the bidding...
Returning to the Americas market after a 14-year absence will represent the major milestone in the company’s 120-year history, says owner and CEO, Stefan Messer.
With the business world and the industrial gases industry alike awaiting news of further divestment packages, and just how far Praxair and Linde are prepared to go in under to see through their merger of...
Two years ago today, with the ink barely dry on Air Liquide’s $13.4bn acquisition of Airgas, the news sensationally broke that Praxair and Linde were in merger talks.
It is unquestionable that digital change is coming and e-commerce is gaining traction, the question is whether the gases industry will deliver the solution itself or rely on B2B platforms from outside.
Discussions with various antitrust authorities have resulted in further indications that merger clearances of the business combination of Linde and Praxair could be subject to requirements more onerous than previously expected.
