# Linde and Praxair sign merger of equals agreement to create global industrial gas leader

Linde AG and Praxair, Inc. entered into a definitive business combination agreement for an all-stock merger of equals, expected to close in the second half of 2018. The combined company would have pro forma revenues of approximately $29 billion and annual synergies of about $1.2 billion.

- Type: Acquisition
- Announced: 2017-07-25
- Status: announced
- Products: industrial gases
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Linde](https://endata.com/companies/472.md)
- [Praxair](https://endata.com/companies/473.md)

## Sources

- [thermalprocessing.com](https://thermalprocessing.com/news/linde-and-praxair-sign-business-combination-agreement/), 2017-07-25: "This combination is a compelling and transformative opportunity to create a world-class leader in the industrial gas industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.