Matheson Acquires HyCO Business from Linde

MATHESON, a wholly owned subsidiary of TNSC Group, has completed its acquisition of the divested Linde HyCO business in the United States that became available as a result of the global business combination of Linde and Praxair. The United States Federal Trade Commission approved MATHESON as the buyer of the divested HyCO business on February 27, 2019.

HyCO is an industry term covering the production of hydrogen, carbon monoxide, or syngas, which is a mixture of hydrogen, carbon monoxide and carbon dioxide.

 

Source : 4-traders LINK

EU suspends review of Linde-Praxair merger, but should resume -Linde

BERLIN, March 15 (Reuters) - German gases group Linde said the European Commission has suspended its review of the group's merger with Praxair while it awaits requested information, but it expects the suspension to be lifted next week.

Source: Reuters LINK

Linde and Praxair confirm merger

Gas companies Linde AG and Praxair Inc have confirmed that the companies will come together under a new holding company through an all-stock merger of equals transaction. Linde and Praxair expect the transaction to close in the second half of 2018, subject to customary closing conditions.The companies say that the value of the merger is driven by approximately US$1.2 billion  in annual synergies and cost reductions with combined pro forma revenues of approximately US$29 billion (?27 billion) i...

Source: Materials Today LINK

Linde, Praxair end $60 billion merger talks

Accordring to Reuters, German industrial gases group Linde  and U.S. rival Praxair  have ended talks to create a $60-billion-plus market leader, they said on Monday, after failing to agree where to locate key activities and who would run the business

Additional sources:

Praxair and Linde Call Off $60 Billion Merger Talks
Wall Street Journal
Merger talks between Linde and Praxair had propelled the shares of both companies because the move would have resulted in considerable ...
Linde, Praxair end $60 billion merger talks
Reuters
Praxair and Linde end $60bn merger talks
Financial Times
Praxair, Inc. and Linde AG Terminate Preliminary Talks about a ...
Highly Cited-Business Wire (press release)
Industrial gas makers Linde, Praxair abandon merger talks
International-seattlepi.com
Linde, Praxair Said to End Talks on Concern Over Munich Role
Opinion-Bloomberg

Praxair, Linde said to be discussing $60 billion merger

Praxair, Linde said to be discussing $60 billion merger (8/19/2016) by CMCFabsftp - Praxair headquarters in Burr Ridge, Illinois. Praxair Inc. is in discussions to combine with Germany’s Linde AG, people familiar with the matter said, in a major deal that would create the world’s largest industrial-gas supplier and continue a wave of consolidation in the industry. Details of the talks couldn’t be learned, and one person cautioned […]