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Deals Rumor Mill: Linde, State Bank of India, PepsiCo

By Benjamin Horney (May 26, 2017, 7:46 PM EDT) -- The supervisory board of Linde AG will vote on whether to approve or reject the German industrial gas organization's merger with U.S. peer Praxair Inc. on June 1, according to a Friday report from Reuters. The deal, first announced late last year, would create a $65 billion industry giant. The companies on Wednesday said they had reached an "agreement in principle" on a final merger agreement. The duo has had problems completing the deal since they announced it, as final negotiations went sour leading to the companies struggling to agree to terms. Linde has also faced pressure from a shareholder group....

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