Linde AG (LING.DE)
FRANKFURT Germany's financial and markets regulator BaFin said it had begun a formal investigation into suspected insider trading in Linde shares in the run-up to the announcement of merger talks with U.S. rival Praxair in August.
Jan 11 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:
SAO PAULO, Jan 11 IBG-Indústria Brasileira de Gases Ltda may bid for assets of proposed merger partners Praxair Inc and Linde AG should Brazilian antitrust watchdog Cade force them to divest businesses to approve their deal, Valor Econômico newspaper said on Wednesday.
FRANKFURT German industrial gases group Linde and U.S. suitor Praxair have agreed an outline for a $65 billion-plus merger, with the combined company to be run out of the United States by Praxair's chief executive. | Video
MUNICH Linde plans to move its Engineering business to a separate legal entity as part of a proposed merger with U.S. rival Praxair , the German industrial gases group's chief executive said in a letter to employees.
Praxair Inc and Linde AG, the industrial gas companies that agreed earlier this month to revive merger talks, are close to finalizing the terms of the potential deal, people familiar with the matter said on Friday.
FRANKFURT Labor unions have secured guarantees for a planned merger of Linde and U.S. rival Praxair , saying on Friday there would be no forced layoffs at Linde in Germany until Dec. 31, 2021 in case of a tie-up.
FRANKFURT Germany's Linde agreed to revive talks with U.S. rival Praxair to create a $65 billion industrial gases giant which will have its main operations run from Connecticut, two sources familiar with the deal said on Wednesday.
LONDON (Reuters Breakingviews) - The success of Linde’s new chief executive, Aldo Belloni, will be measured by an unusual yardstick: whether he can make himself redundant. The German industrial gases group on Wednesday hauled the 66-year-old out of retirement to secure a $65 billion merger with U.S. rival Praxair.
FRANKFURT Praxair's and Linde's shareholders are to own equal parts in the industrial gases group created by a proposed merger of the two companies, people close to the deal said.