|Bid||0.00 x 13000|
|Ask||0.00 x 25800|
|Day's Range||172.15 - 178.95|
|52 Week Range||144.20 - 179.70|
|PE Ratio (TTM)||29.61|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
German industrial gases group Linde has passed an important threshold in its exchange offer for the planned $80 billion merger with U.S. peer Praxair. Linde said on Friday that shareholders representing 50.85 percent of its capital have accepted the offer, as an Oct. 24 deadline approaches to reach 75 percent acceptance. Passing the 50 percent threshold paves the way for passive funds, such as exchanged-traded funds replicating Germany's blue chip DAX index, to also tender their shares.
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.
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 on Friday. Linde and Praxair need to obtain anti-trust approval for their merger in 25 countries, for which they have said they were prepared to make divestments up to a "pain threshold" of $3.7 billion in sales beyond which the deal may no longer make sense. Praxair's finance chief said in late July there has been a "significant" amount of unsolicited interest in assets the firm could put up for sale.
German investors' association DSW recommended on Monday that shareholders in industrial gases group Linde not tender their shares in an exchange offer for its planned $80 billion merger with U.S. peer ...
German industrial gases group Linde urged investors to tender their shares in an exchange offer for its planned $80 billion merger with U.S. peer Praxair as a deadline approaches to reach 75 percent acceptance. Now that we are entering the final phase of the offer period, I would like to address you personally," Chief Executive Aldo Belloni wrote in a letter to shareholders on Thursday. Institutional investors who have accepted include Norway's $1 trillion wealth fund Norges, Schroder Investment Management and Union Investment.
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Linde AG. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bullish 50 ... Read more (Read more...)
The proposed $74 billion tie-up of German industrial gases group Linde and U.S. peer Praxair got a boost on Tuesday when the world's biggest sovereign wealth fund said it was backing the deal. The Norwegian fund, which also said the value of its assets had topped $1 trillion, will vote in favour of four key resolutions proposed by Praxair's management at a Sept. 27 meeting of shareholders, it said. "We support the strategic rationale for the merger ... the proposed business combination is in the best long-term interest of Linde AG shareholders," Norges Banks Investment Management (NBIM), which manages the fund, said in a statement.
German industrial gases group Linde does not rule out lowering the shareholder acceptance threshold for its planned $75 billion merger with U.S. peer Praxair, its chief executive told German magazine Euro. Linde shareholders have until Oct. 24 to exchange their Linde shares for shares in the new, combined company. An acceptance rate of 75 percent has been set for the merger to go through.
Categories: Europe Value Analsysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Linde AG a score of 38. Our analysis is based on comparing Linde AG with the following peers – Air Liquide SA, SOL S.p.A., Clean Diesel Technologies, Inc. and EMS-CHEMIE HOLDING AG (AI-FR, SOL-IT, CDIC-DE and EMSN-CH). Investment Outlook Linde AG has a fundamental score of 38 ... Read more (Read more...)
Linde and Praxair said late on Monday they were responding to a second request from the U.S. Federal Trade Commission regarding their planned $74 billion merger and were in a pre-notification phase with the European Commission. "This is a typical step in review of a transaction of this size, and was expected," Linde said of the second request from the FTC. The deal will create a global leader to overtake France's Air Liquide with a combined market value of $74 billion, revenue of $28.7 billion and 88,000 staff.
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Linde AG. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bullish 50 ... Read more (Read more...)
The leadership of German industrial gases group Linde on Monday urged shareholders to accept a proposed $74 billion merger with U.S. peer Praxair. "The Executive Board and the majority in the Supervisory Board are of the opinion that the business combination is in the best interest of Linde AG, its shareholders and other stakeholders," Linde said in a statement. The acceptance period for the deal runs through Oct. 24, Linde said earlier this month.
German industrial gases group Linde said the 10-week acceptance period for its proposed $74 billion merger with U.S. peer Praxair started on Tuesday and would run through Oct. 24. The deal will create ...
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Linde AG Here are 5 ETFs with the largest exposure to LIN-DE. Comparing the performance and risk of Linde AG with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)
The planned $74 billion merger of German industrial gases group Linde and U.S. peer Praxair is on course, with regulators expected to finish reviewing offer documents by mid-August, Linde said as it published financial results on Friday. "We remain on track to complete these tasks and expect to close the transaction by the second half of next year," Linde Chief Financial Officer Sven Schneider told analysts during a conference call but was otherwise tight-lipped on what progress preparations for the transaction were making. The deal will create a global leader to overtake France's Air Liquide with a combined market value of $75 billion, revenue of $30 billion and 88,000 staff.
German industrial gases group Linde beat expectations with a 2 percent increase in second-quarter operating profit driven by its core gases division and confirmed its full-year outlook on Friday. It gave ...
Italy's Saipem is likely to get a sub-contractor role in a new project to produce liquefied natural gas (LNG) in the Arctic by Russia's Novatek, one of Novatek's partners said. Novatek, Russia's largest non-state LNG producer, is aiming to produce as much LNG as the world's biggest exporter Qatar and is drawing up plans to build a second plant, known as Arctic LNG 2, on the Gydan Peninsula that juts into the Kara Sea. Four sources told Reuters earlier this month that Saipem was expected to be chosen to build offshore platforms for the facility.
Russian gas producer Novatek is expected to select Italy's Saipem to build offshore platforms for its second liquefied natural gas (LNG) facility in the Arctic, four sources said. Novatek is aiming to produce as much LNG as the world's biggest exporter Qatar and is drawing up plans to build a second plant, known as Arctic LNG 2, on the Gydan Peninsula that juts into the Kara Sea. "The contract is not signed yet, (but Saipem) are expected to become a subcontracting party for the Technip-Linde-NIPIGas consortium," one source close to the project said.
Italian energy contractor Saipem is expected to get a contract to build gravity-based platforms to liquefy natural gas at the Arctic LNG 2 facility, the second project of its kind by Russian gas producer ...
Linde AG and Praxair Inc. are considering selling assets to preempt regulators’ concerns about their merger, drawing interest from bidders including CVC Capital Partners and Advent International, people ...
Categories: Yahoo FinanceGet free summary analysis Linde AG reports financial results for the quarter ended March 31, 2017. We analyze the earnings along side the following peers of Linde AG – Clean Diesel Technologies, Inc. (CDIC-DE) that have also reported for this period. Highlights Summary numbers: Revenues of EUR 4385 million, Net Earnings of EUR 311 million. ... Read more (Read more...)
Linde AG's Lincare unit has agreed to pay $20 million to resolve a whistleblower lawsuit accusing the company of fraudulently billing the U.S. government for oxygen and respiratory care equipment. The accord, confirmed by the U.S. Attorney's Office in Massachusetts, will resolve a lawsuit filed under the False Claims Act by former employees of the respiratory therapy services provider on behalf of the U.S. government.