Linde AG (LIN1.DE)
17 Aug 2018
Fri, Aug 17 2018
Linde AG's Lincare unit has agreed to pay $5.25 million to resolve allegations that it offered illegal price reductions to patients covered by Medicare Advantage plans in connection with the purchase of home oxygen equipment and supplies.
FRANKFURT Shares in Linde dropped as much as 10 percent on Monday after the German industrial gases group's planned $86 billion merger with U.S. rival Praxair was thrown into doubt by more demands from U.S. antitrust regulators. | Video
* That might allow either party to walk away from deal (Adds analysts, background)
BERLIN, Aug 5 German industrial gases group Linde said it and U.S. rival Praxair may need to sell more assets than anticipated to secure antitrust approval for their planned $87 billion tie-up, which could scupper the deal.
FRANKFURT Shares in Linde plunged more than 8 percent on Monday after the industrial gases group's planned $87 billion merger with Praxair was put in doubt by demands from U.S. antitrust regulators.
FRANKFURT, Aug 6 Shares in Linde plunged more than 8 percent on Monday after the industrial gases group's planned $87 billion merger with Praxair was put in doubt by demands from U.S. antitrust regulators.
FRANKFURT, July 25 Linde, the industrial gases company seeking to merge with rival Praxair , has abandoned plans to sell British chilled products logistics group Gist, it said on Wednesday.
FRANKFURT, July 25 Linde, which is preparing to merge with U.S. peer Praxair, saw operating income rise 3.5 percent in the first half, buoyed by a strong European industrial gases business and growth at its plant engineering unit.
FRANKFURT Linde is raising $3.3 billion from selling North and South American assets to a consortium of German gases firm Messer and buyout group CVC as it seeks clearance for a planned $87 billion merger with U.S. group Praxair .
* Most of Linde's U.S. assets, some Latam ops go to consortium