linde praxair agree on merger terms
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Linde, Praxair agree on merger terms

Arab Today, arab today

Arab Today, arab today Linde, Praxair agree on merger terms

Frankfurt economy
Frankfurt - Arab Today

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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