|Bid||0.00 x 13000|
|Ask||0.00 x 25800|
|Day's range||186.60 - 189.55|
|52-week range||145.60 - 192.80|
|PE ratio (TTM)||31.32|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Linde plc announced today that approximately 75.7% of the ordinary shares of Linde AG entitled to voting rights were tendered at the end of the acceptance period of Linde plc’s exchange offer, satisfying the 60% minimum acceptance condition.
Linde plc announced today that approximately 75.7% of the ordinary shares of Linde AG entitled to voting rights were tendered at the end of the acceptance period of Linde plc’s exchange offer, satisfying the 60% minimum acceptance condition. Accordingly, all transaction closing conditions for the proposed business combination of Praxair, Inc. (NYSE: PX) and Linde AG (XETRA: LIN) were satisfied at the end of the acceptance period, except for certain antitrust and other regulatory approvals. The exchange offer acceptance period expired on November 7, 2017, at 24:00 (CET).
LONDON/MUNICH (Reuters) - German industrial gases maker Linde (LING.DE) reported a 3 percent rise in third-quarter core profit, the high-end of forecasts, as a row brewed over the future of its engineering and healthcare units after a planned merger with Praxair (PX.N). Linde and U.S. peer Praxair plan an $80 billion(£61.1 billion) all-share merger of equals to overtake France's Air Liquide (AIRP.PA) as global leader, but Praxair's higher profit margins have caused concern in Germany that Linde may be the weaker partner.
The technology company Linde continued to achieve increases in Group revenue and operating profit in the nine months to 30 September 2017. "There were positive trends in revenue and earnings in the first nine months of 2017 and we are also right on track with our efficiency programme," said Professor Dr Aldo Belloni, Chief Executive Officer of Linde AG. The technology company The Linde Group generated Group revenue from continuing operations in the first nine months of the year (i.e.
Industrial gases group Linde has cut the approval threshold and extended a deadline for accepting its $80 billion tie-up with Praxair, while pushing on with plans to get a green light from regulators. The planned merger between Linde and U.S. group Praxair, agreed in June, will create a global leader in industrial gases to overtake France's Air Liquide with combined revenue of $28.7 billion and 88,000 staff. To pave the way for the deal, Linde has cut the acceptance threshold to 60 percent from 75 percent of shareholders, and the period of the exchange offer, due to expire on Tuesday, has been extended to Nov. 7, Linde said on Monday.
Linde plc today announced that it has decided to lower the minimum acceptance ratio of the exchange offer for all ordinary shares of Linde AG from 75% to 60% of all Linde AG shares entitled to voting rights, following the consent by both Linde AG and Praxair, Inc.
Linde plc today announced that it has decided to lower the minimum acceptance ratio of the exchange offer for all ordinary shares of Linde AG (XETRA:LIN) from 75% to 60% of all Linde AG shares entitled to voting rights, following the consent by both Linde AG and Praxair, Inc. Linde plc intends to publish the respective amendment to the exchange offer document, which had initially been published on August 15, 2017, during the course of today, inter alia, on the Internet at www.lindepraxairmerger.com and file such amendment with the U.S. Securities and Exchange Commission (“SEC”). Due to such amendment of the exchange offer, the acceptance period of the exchange offer, which was originally scheduled to expire on October 24, 2017 at 24:00 hours (CEST), will be extended by two weeks and will now expire on November 7, 2017 at 24:00 hours (CET).
Russian antitrust consent for Praxair's (PX) and Linde merger marks a step forward for creation of a leading industrial gas company. Also, Praxair's China-gas supply deal will strengthen its business.
In accordance with the exchange offer document published on August 15, 2017, Linde plc announced today that the proposed business combination between Praxair, Inc. (NYSE:PX) and Linde AG (Xetra:LIN) received unconditional antitrust clearance in Russia, satisfying a closing condition (Regulatory Condition – Russia). Linde plc is a newly incorporated public limited company formed on April 18, 2017, that will become the parent company of Praxair and Linde AG upon the completion of the business combination.
In accordance with the exchange offer document published on August 15, 2017, Linde plc announced today that the proposed business combination between Praxair, Inc. and Linde AG received unconditional antitrust clearance in Russia, satisfying a closing condition .
Industrial gases firms Air Products and Air Liquide may bid for parts of peers Linde and Praxair that the two groups may be forced to divest in the event of a merger, Frankfurter Allgemeine Zeitung reported ...
The technology company The Linde Group achieved increases in both Group revenue and Group operating profit in the period from January to June 2017. "We are pleased with our performance and will meet our forecast for the full year," said Professor Dr Aldo Belloni, Chief Executive Officer of Linde AG.
European shares rose on Friday as investors maintained strong flows into the region but top regional benchmarks came off earlier highs after a disappointing U.S. jobs growth. The pan-European STOXX 600 ...
DGAP-News: Linde AG / Key word(s): Contract/Incoming Orders02.06.2017 / 13:03 The issuer is solely responsible for the content of this announcement.
A wave of positive economic data lifted stocks across Europe and sent Britain's FTSE to a new record high, with cyclicals leading the way as investors maintained strong flows into the region. The pan-European ...
FRANKFURT/MUNICH, June 1 (Reuters) - The boards of Linde and Praxair voted on Thursday to merge, creating a $73 billion global industrial gases leader in what is likely to be the last in a wave of combinations that has resulted in a highly consolidated market. News of the merger, which will reunite a global Linde group that was split a century ago by World War One, sent Praxair shares in the United States to a record high.
MUNICH & DANBURY, Conn.--(BUSINESSWIRE)-- Merger Highlights Combination leverages unique strengths of each company: Linde’s long-standing leadership in engineering and technology with Praxair’s operational ...
DGAP-News: Linde AG / Key word(s): Agreement01.06.2017 / 18:50 The issuer is solely responsible for the content of this announcement.
Nine days ahead of Britain's election and PM Theresa May's lead over Labour is narrowing all the time, according to a string of polls - the latest one by Survation out this morning has it down to just six points. Financial markets aren't really sure how to read this one: if you take May's logic, a weak performance would give her a correspondingly weak hand in Brexit negotiations and so increase the chances of either a "bad" deal for Britain or no deal at all. Things are in no less flux in Italy, where former prime minister Matteo Renzi at the weekend suggested the next election could be held at the same time as Germany's in September because that made sense "from a European perspective".
The new company formed from the planned $70 billion merger of Linde and Praxair will likely be based in Ireland with a tax domicile in Britain, its chief executive told shareholders on Wednesday. "The ...
The technology company The Linde Group saw positive business trends in the first quarter of 2017, achieving increases in both revenue and earnings compared to the first quarter of 2016. "We have made a proper start to the new financial year, in line with our forecast," said Professor Dr Aldo Belloni, Chief Executive Officer of Linde AG. "Our positive business performance is testament to our solid business model.
Germany's VDMA engineering association could lift its growth forecast for this year if early signals of positive business sentiment persist and prove justified, the VDMA's president said on Monday. Carl-Martin Welcker said emerging markets, Russia, India and Germany could lift German engineering production this year after a year of stagnation.
Germany's Linde has for a second time rejected a request for a shareholder vote at its annual general meeting next month on its planned $65 billion merger with U.S. industrial gases rival Praxair. Linde ...
The chief executive of German industrial gases group Linde is working hard to win over employees sceptical about the benefits of a planned $65 billion merger with U.S. rival Praxair, he said on Thursday. ...
German industrial gases firm Linde reported net profits of 1.3bn euros ($1.37bn), slightly outstripping analyst predictions and a 7.3-percent improvement on 2015