|Bid||0.00 x 13000|
|Ask||0.00 x 25800|
|Day's Range||171.00 - 172.40|
|52 Week Range||116.80 - 174.00|
|PE Ratio (TTM)||27.42|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
German industrial gases group Linde's supervisory board is due to vote on a merger agreement with U.S. peer Praxair on June 1, two people close to the matter told Reuters on Friday. The companies said on Wednesday that they had reached a deal in principle on a Business Combination Agreement for the proposed $70 billion merger, but some unanswered questions will be addressed at Thursday's meeting, one of the sources said without elaborating. Linde declined to comment on the matter.
Linde AG said it’s put together a blueprint for its merger with Praxair Inc., and will now seek approval from executives and a supervisory board that contains worker representatives critical of the deal....
German industrial gases group Linde and U.S. peer Praxair have reached a deal in principle on their proposed $70 billion merger, Linde said on Wednesday. The Business Combination Agreement still needs the approval of Praxair's board of directors as well as Linde's management and executive boards, it said, adding that a signing of the agreement was no guarantee the deal would be completed. German weekly WirtschaftsWoche earlier on Wednesday cited sources as saying that Linde's supervisory board would vote on the merger agreement next week.