# Linde drops tender threshold for $70B Praxair merger

Linde AG lowered the minimum acceptance threshold for its planned merger with Praxair Inc., a deal valued at $70 billion that is still under antitrust review.

- Type: Acquisition
- Announced: 2017-10-23
- Value: $70.0B
- 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) (target)

## Sources

- [law360.com](https://www.law360.com/articles/977052/linde-drops-tender-threshold-for-70b-praxair-merger), 2017-10-23: "Germany's Linde AG said Monday that it had dropped the minimum acceptance threshold for its planned merger with Connecticut-based Praxair Inc."

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