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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.
Taiyo Nippon Sanso will acquire an unnamed Australian industrial-gas company this year to expand its industrial-gas operations in Australia. The deal is part of its effort to strengthen its overseas network.
