Exclusive: EU Regulators Grant US $ 83 Billion to Linde, Praxair Case – Sources



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BRUSSELS: EU antitrust regulators are preparing to approve the merger of Linde and Praxair for $ 83 billion after pledging to sell Praxair's assets In 1965, the German company Linde and its American counterpart Praxair announced their merger plan last June that will create a world leader in gas distribution, ahead of the French competitor Air Liquid. 19659011]

Earlier this month, Praxair announced that it would sell its European assets to Taiyo Nippon Sanso Corp for 5 billion euros in order to address the concerns of the European Commission

( Report by Foo Yun Chee)

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