Praxair

Praxair announced that final closing conditions for its merger of equals with Linde AG were met after EU and US regulatory approvals, creating a combined company worth $46 billion expected to close October 31, 2018.

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.

Linde AG said its proposed merger with Praxair Inc was awaiting regulatory clearances in several countries, with 10 of 24 approached authorities having cleared it so far, and India's CCI review still pending.

Praxair, Inc. and The Linde Group signed a definitive agreement for a merger of equals worth $70 billion, combining two major global industrial gases companies.

Linde AG and Praxair, Inc. signed a binding business combination agreement to merge as equals under a new publicly traded holding company bearing the Linde name. Former shareholders of each company will own about 50% of the new company.

Linde said it is considering a potential merger of equals with U.S. peer Praxair, after talks failed in September. No deal has been agreed.