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Linde wants a quick close of BOC acquisition

GERMAN-based Linde says it want a quick close of its acquisition of competitor BOC and is willing to sell more assets than expected in order to avoid antitrust problems.

CEO Wolfgang Reitzle said at the Reuters Chemicals Summit today that he is willing to give away in such a situation, (should) the company face this, even a little bit more than necessary to make it fast.

He told Reuters: Our willingness is there to fulfil the requirements of antitrust (officials), without arguing.

Linde will shed its forklifts division as part of the move, creating a new company with pro-forma gas and engineering revenue of 11.9 billion euros and surpassing current number one Air Liquide, which has revenues of 10.4 billion euros.

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