Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexEconomic EventsPress releases

Linde reaches important acceptance level for Praxair merger

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/08/2017 | 03:28pm CET
The Praxair logo is seen during a news conference in Munich

Industrial gases group Linde has exceeded an important 74 percent approval threshold for its planned $80 billion tie-up with Praxair, it said on Wednesday.

As a consequence, it is anticipated that the right of both companies to terminate the deal will cease, Linde added.

Reaching the threshold was seen as crucial to avoid making the deal unattractive for tax reasons.

Shareholders still have until Nov. 21 to tender their shares.

(Reporting by Arno Schuetze; Editing by Ludwig Burger)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
06:34p PGA TOUR : Tiger Woods talks equipment testing
06:32p Canada working hard to convince Trump on NAFTA - Trudeau
06:28p Optimism booms among Davos CEOs despite geopolitical storm clouds
06:21p NYSE sees no need to "bend over backwards" to woo Aramco IPO
06:19p HAITI : New WB Report Calls for Strengthening Urban Resilience
06:16p Upbeat earnings lift stock markets; dollar at 3-year low
06:16p Upbeat earnings lift stock markets; dollar at 3-year low
06:14p Upbeat earnings lift stock markets; dollar at three-year low
06:14p DSA DIRECT SELLING ASSOCIATION : The New FTC Direct Selling Guidance… Imperfect, But a Good Start
06:10p High-flying easyJet leads FTSE up; Sky in focus
Latest news "Economy & Forex"
Advertisement