Linde and Praxair had agreed that they would sell activities around the world with turnover of up to €3.7bn and EBITDA of €1.1bn if cartel authorities forced them to. Up to now, the two have sold revenue of €2.7bn and EBITDA of €0.7bn in Europe and the Americas. Linde has now admitted that the US Federal Trade Commission and other anti-trust authorities require more disposals before they will accept the merger. In fact, these requirements are likely to surpass the threshol
06 Aug 2018
Merger with Praxair might not happen, or will it?
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Merger with Praxair might not happen, or will it?
Linde and Praxair had agreed that they would sell activities around the world with turnover of up to €3.7bn and EBITDA of €1.1bn if cartel authorities forced them to. Up to now, the two have sold revenue of €2.7bn and EBITDA of €0.7bn in Europe and the Americas. Linde has now admitted that the US Federal Trade Commission and other anti-trust authorities require more disposals before they will accept the merger. In fact, these requirements are likely to surpass the threshol