Air Liquide has announced it is acquiring US-based Airgas for a total consideration of US$13.4bn (EV), or US$143/share. This represents a premium of +50.6% to Airgas’s one month average share price, prior to the announcement of the transaction, and +20.3% over Airgas’s 52-week high share price (and +30% over Monday’s closing). Air Liquide has committed bridgefinancing for the transaction and intends to refinance through a capital increase in the range of €3bn to €4
18 Nov 2015
Acquisition of Airgas: a move...that comes at a price
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Acquisition of Airgas: a move...that comes at a price
Air Liquide SA (AI:WBO) | 0 0 1.2% | Mkt Cap: 43,808m
- Published:
18 Nov 2015 -
Author:
Fabrice Farigoule -
Pages:
3
Air Liquide has announced it is acquiring US-based Airgas for a total consideration of US$13.4bn (EV), or US$143/share. This represents a premium of +50.6% to Airgas’s one month average share price, prior to the announcement of the transaction, and +20.3% over Airgas’s 52-week high share price (and +30% over Monday’s closing). Air Liquide has committed bridgefinancing for the transaction and intends to refinance through a capital increase in the range of €3bn to €4