POST Online Media Lite Edition


Praxair and Linde in new effort to create $60 billion company

Staff Writer |
Praxair has revived efforts to combine with Linde, seeking to overcome differences over key personnel and location of headquarters that scuppered previous talks in September.

Article continues below

A person close to Munich-based Linde, which also operates medical gas and engineering businesses, told Reuters that Praxair had tried to address the main stumbling blocks to talks on creating a $60 billion-plus market leader.

Linde's supervisory board is expected to discuss the fresh approach at its next regular meeting on December 7, another person familiar with the matter told Reuters.

What to read next

Linde, Praxair agree on outline for 50-50 merger
Linde supervisory board approves $73 billion Praxair merger
Praxair confirms agreement in principle regarding combination with Linde