Linde's buy of Air Products European homecare cleared in EU
BRUSSELS, April 18 |
BRUSSELS, April 18 (Reuters) - German industrial gases maker Linde AG won EU regulatory approval on Wednesday to buy the European homecare business of U.S. rival Air Products and Chemicals Inc for $750 million.
The medical homecare business mostly focuses on supplying oxygen and other treatments to patients in their own homes.
The acquisition will make Linde a strong No. 2 in the sector after French group Air Liquide SA.
The European Commission said in a statement that the deal would not significantly change the existing market in the countries concerned: Belgium, France, Germany, Portugal and Spain.
- Tweet this
- Share this
- Digg this