Praxair announced today that shareholders approved the business combination with Linde AG at Praxair’s special meeting of shareholders.
This approval completes a key milestone in combining two leading companies in the global industrial gas industry under a new holding company named “Linde plc.”
Approximately 83% of the total issued and outstanding shares of Praxair common stock voted to approve the business combination, exceeding the required vote of a majority of the issued and outstanding shares, and representing approximately 99% of the total votes cast at the special meeting on this proposal.
“Today’s vote confirms that Praxair shareholders support this transaction and brings us one step closer to creating a world-class leader in the industrial gas industry,” said Steve Angel, Praxair’s Chairman and Chief Executive Officer.
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