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Linde, Praxair Discuss Gas Assets Sale As Part Of $70B Deal

Law360 (July 12, 2018, 2:42 PM EDT) -- German gas company Linde AG said Thursday that it's in advanced talks with its merger partner Praxair Inc. to sell off assets in North and South America in order to win over European antitrust regulators to their plan to create an industrial gas giant worth $70 billion. 

The companies said negotiations were under way to sell the majority of Linde’s gas business in North America and certain Linde and Praxair assets in South America to a consortium comprising Messer Group GmbH and funds advised by CVC Capital Partners....
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