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Chinese regulator signs off on Linde-Praxair merger

Posted by: Admin | Posted on: September 30th, 2018 | 0 Comments

FRANKFURT (Reuters) – Linde AG (LING.DE) said on Sunday that it had received approval for its proposed $83 billion merger with Praxair (PX.N) from the Chinese antitrust authorities.

Linde and U.S.-based Praxair are in the process of selling additional assets in an attempt to win approval for the tie-up by an Oct. 24 deadline from regulators in the United States, South Korea and the European Union.

Reporting by Douglas Busvine; Editing by Madeline Chambers

Article source: http://feeds.reuters.com/~r/reuters/businessNews/~3/UYQqb5ljT9Y/chinese-regulator-signs-off-on-linde-praxair-merger-idUSKCN1MA0E8

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