Air Liquide SA (AIRP.PA)
20 Nov 2017
LONDON/MUNICH German industrial gases maker Linde reported a 3 percent rise in third-quarter core profit, the high-end of forecasts, as a row brewed over the future of its engineering and healthcare units after a planned merger with Praxair .
FRANKFURT Industrial gases group Linde has cut the approval threshold and extended a deadline for accepting its $80 billion tie-up with Praxair , while pushing on with plans to get a green light from regulators.
BERLIN German investors' association DSW recommended on Monday that shareholders in industrial gases group Linde not tender their shares in an exchange offer for its planned $80 billion merger with U.S. peer Praxair .
German industrial gases group Linde urged investors to tender their shares in an exchange offer for its planned $80 billion merger with U.S. peer Praxair as a deadline approaches to reach 75 percent acceptance.
FRANKFURT The planned $74 billion merger of German industrial gases group Linde and U.S. peer Praxair is on course, with regulators expected to finish reviewing offer documents by mid-August, Linde said as it published financial results on Friday.
MUNICH German industrial gases company Linde turned its attention on Friday to winning over investors to its planned $75 billion merger with U.S. peer Praxair , a task that Chairman Wolfgang Reitzle said was not straightforward. | Video