Börse Express – Green light from China for the merger of Linde and Praxair

The merger of the German gas producer and
Anlagenbauer Linde with the
American industrial gas producer Praxair comes first. the
Chinese Competition Authority (SAMR) has the merger
approved, the Dax Group announced on Sunday in Munich. in front of
the specialist service had reported Deal Reporter about this.

The completion of the merger is still below the
Reservation of the timely receipt of the necessary
Approvals and approvals from regulatory authorities in South Korea and the US.
as well as the excellent buyer approval by the European
Commission was said.

Under the Securities Act, the merger must be no later than October 24
completed. Linde and Praxair want to be the biggest
Combine manufacturers of industrial gases in the world. With 80,000
Employees and approximately 28 billion of annual turnover would be one
Dominates the quarter of the world market. / Jha / /

    ISIN US74005P1049 DE0006483001

AXC0071 2018-09-30 / 14: 33

Copyright dpa-AFX Business News GmbH. All rights reserved. Redistribution, republishing or permanent storage without the express prior permission of dpa-AFX is not permitted.

Source link