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Praxair, Linde deal receives unconditional antitrust clearance in Mexico

June 25/2018

MOSCOW (MRC) -- Linde plc has announced that the proposed business combination between Praxair (PX) and Linde AG received unconditional antitrust clearance in Mexico, satisfying a closing condition, reported TheFly.

Linde plc is a public limited company formed on April 18, 2017, that will become the parent company of Praxair, Inc. and Linde AG upon the completion of the business combination.

Completion of the business combination remains subject to timely approval by requisite governmental regulators and authorities under applicable competition laws.

The business combination is expected to be completed in the second half of 2018.

As MRC informed previously, in March 2018, the Engineering Division of The Linde Group (Linde) and Mitsubishi Chemical Corporation (MCC) concluded a definitive agreement for the transfer of MCCТs Hydrodealkylation (HDA) technology to Linde.


mrcplast.com
Author:Margaret Volkova
Tags:gas processing, Linde Group, Mitsubishi Chemical, Praxair, Inc., Mexico.
Category:General News
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