Linde provides updates antitrust proceedings combination with Praxair

Linde provides update of antitrust proceedings for merger with Praxair

4:15 PM, 16th March 2018
Linde provides updates of antitrust proceedings for combination with Praxair
Linde AG head office in Munich, Germany. (File photo)

MUNICH, GERMANY: Linde Aktiengesellschaft informed the decision of the European Commission to suspend the review period for the merger clearance process, regarding the business combination of Linde and Praxair Inc. With retroactive effect as of 24 February 2018 until information requested by the European Commission will be provided.

Such decisions are not uncommon in complex proceedings of this kind. Linde expects that the suspension will be lifted in the course of next week and that the review period will then continue to run. The merger partners continue to work on completing the business combination as planned in the second half of 2018.

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