Proposed Business Combination Between Praxair, Inc. and Linde AG Receives Unconditional Antitrust Clearance in Mexico, Satisfying a Closing Condition

Source Press Release
Company Linde AG 
Tags Corporate Deals, Deals, Refining & Marketing Activities
Date June 22, 2018

In accordance with the exchange offer document published on August 15, 2017, Linde plc announced today that the proposed business combination between Praxair, Inc. (NYSE: PX) and Linde AG (Xetra: LIN) received unconditional antitrust clearance in Mexico, satisfying a closing condition (Regulatory Condition – Mexico).

Linde plc is a public limited company formed on April 18, 2017, that will become the parent company of Praxair, Inc. and Linde AG upon the completion of the business combination.

Completion of the business combination remains subject to timely approval by requisite governmental regulators and authorities under applicable competition laws. The business combination is expected to be completed in the second half of 2018.

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