We Expect Praxair-Linde Merger to Deliver Meaningful Cost Synergies
Linde announced that the Federal Trade Commission has lifted its hold separate order after the narrow-moat industrial gas producer completed required divestments, selling its U.S. hydrogen and carbon monoxide business to Matheson. Linde and Praxair will now be allowed to integrate their businesses, creating the largest industrial gas company in the world.Linde also provided adjusted pro forma results for 2018 for the two companies combined. The company delivered sales of $28.1 billion (a 5% ye...
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