Air Liquide has today announced that it has entered into an agreement to sell certain assets in the US to Matheson Tri-Gas, Inc. (MATHESON), a subsidiary of Japanese Tier One player Taiyo Nippon Sanso Corporation (TNSC).
Upon closing, these divestitures to Matheson would mark a significant milestone toward satisfying the conditions required by the US Federal Trade Commission (FTC) in connection with Air Liquide’s recent game-changing acquisition of Airgas.
Air Liquide completed the $13.4bn acquisition of Airgas, Inc., on 23rd May, a deal which creates comfortably the biggest industrial gas group in the world while also establishing Air Liquide as the largest player in the North American market.
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