# Linde AG and Praxair merger to complete October 31 with asset divestments to FTC

Linde AG said its merger of equals with Praxair is expected to be executed on October 31, creating a company valued at $90 billion, after FTC conditional approval requiring divestment of certain US bulk gas and other units.

- Type: Acquisition
- Announced: 2018-10-22
- Status: announced
- Products: industrial gases

## Companies

- [Linde](https://endata.com/companies/472.md)
- [Taiyo Nippon Sanso](https://endata.com/companies/407.md) (acquirer)
- [Praxair](https://endata.com/companies/473.md) (partner)

## Sources

- [breakingthenews.net](https://breakingthenews.net/Article/linde-merger-brings-up-to-1-2b-over-three-years/45308887), 2018-10-22: "The merger of equals with Praxair Inc. is expected to be executed on October 31, creating a company with market capitalization of $90 billion."

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