Praxair Inc (PX.N)
FRANKFURT Industrial gases group Linde is set to sell additional assets to a consortium of Messer Group GmbH and CVC Capital Partners for about $200 million, moving closer to U.S. antitrust approval for the planned merger with Praxair , a person familiar with the matter told Reuters. | Video
* Additional assets worth $200 mln set to be sold to Messer, CVC
BRUSSELS, Sept 12 The following are mergers under review by the European Commission and a brief guide to the EU merger process:
FRANKFURT Industrial gases groups Linde and Praxair won conditional antitrust approval in Brazil for their planned merger after committing to asset sales, Linde said on Thursday.
FRANKFURT, Aug 23 Industrial gases groups Linde and Praxair won conditional antitrust approval in Brazil for their planned merger after committing to asset sales, Linde said on Thursday.
LONDON (Reuters Breakingviews) - The logic of an $83 billion gas mega-merger is quickly deflating. Linde needs to sell more assets than planned to pull off its tie-up with Praxair, meaning hurried disposals and fewer cost savings. Investors are already treating the deal’s benefits as a load of hot air.
MUNICH Industrial gases giants Linde and Praxair are in talks to try to salvage their $83 billion merger after U.S. competition regulators demanded they sell assets that generate more than $4.3 billion in sales.
* Linde shares fall 1.3 pct (Adds source on talks, analyst comment, proposed sell-offs)
FRANKFURT, Aug 22 Linde said divestments needed to secure regulatory approval for its planned tie-up with Praxair have reached a size that would allow either party to abandon the deal, but added it was in constructive talks with its prospective merger partner.
BRUSSELS, Aug 20 The following are mergers under review by the European Commission and a brief guide to the EU merger process: