Linde, Praxair agree on merger terms
Frankfurt economy
Frankfurt - Arab Today
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German industrial gases maker Linde and its US competitor Praxair on Tuesday said they had agreed on the terms of a proposed $65-billion "merger of equals" to create a world leader in the sector. "Under the Linde brand, we want to combine our companies' business and technology capabilities and form a global industrial gas leader," Linde CEO Aldo Belloni said in a statement. |
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