# EU clears Linde-Praxair $70B merger with divestitures

The European Commission cleared Linde AG's planned $70 billion merger with Praxair Inc. after the companies agreed to sell off assets and businesses to address competition concerns.

- Type: Acquisition
- Announced: 2018-08-20
- Where: Germany
- 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) (acquirer)
- [Praxair](https://endata.com/companies/473.md) (target)

## Sources

- [law360.com](https://www.law360.com/articles/1074897/eu-clears-70b-linde-praxair-deal-with-divestitures), 2018-08-20: "The European Commission on Monday said it cleared German gas giant Linde AG's planned $70 billion merger with Praxair Inc. after the companies agreed to sell off assets and businesses to assuage concerns that the tie-up would hamper competition on the continent."

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