Like the FTC on Facebook, follow us on Twitter, read our blogs and subscribe to press releases for the latest FTC news and resources.
![linde praxair latest news linde praxair latest news](https://test.lindedirect.com/images/default-source/healthcare-solutions/l3-medical-gas-equipment.png)
You can learn more about how competition benefits consumers or file an antitrust complaint. By combining the two companies, Praxair and Linde expect. Shares of Praxair will be converted one for one into stock in a new company that will begin an offer to buy Linde, in what the companies call a merger of equals. The studies file gives market proportion evaluation in terms of extent and revenue. The Federal Trade Commission works to promote competition, and protect and educate consumers. Praxair won over Linde's board by agreeing to keep operations in Munich and preserve jobs, according to the news agency. The latest released survey report Global Oxygen Market by gives an insight into the trending modern situation and the future growth of the industry for a length of 2021 to 2027. The staff contact is Eric Rohlck, Bureau of Competition, 20.) The Competition Commission has directed Linde and Praxair to divest their shareholding in certain businesses in India to address anti-competitive issues in the proposed merger of the two industrial gas companies. The Commission vote to approve the application was 4-0-1 (Commissioner Chopra abstaining). Read more about CCI directs Linde & Praxair to divest stake in certain firms on Business Standard. will acquire Linde’s hydrogen gas and carbon monoxide gas plant in Clear Lake, Texas.
![linde praxair latest news linde praxair latest news](https://www.linde.com/-/media/linde/merger/images/homepage/clean-energy-wind-turbines.jpg)
The application proposes that Celanese Ltd. based Praxair will be converted one for one into stock in a new company that will. DANBURY, Conn., Febru Praxair, Inc., a wholly-owned subsidiary of Linde plc (NYSE:LIN FWB:LIN), has announced the completion of a major investment project at its Geismar, Louisiana facility, bringing a new plant. The divestiture of the plant is required under the FTC’s Octoproposed order, which requires Praxair and Linde to divest certain industrial gases assets to settle charges that the $80 billion merger of Praxair and Linde would violate federal antitrust law. agreed to buy Linde AG for about 33.9 billion. The Federal Trade Commission has approved an application from industrial gas suppliers Praxair and Linde to divest a hydrogen gas and carbon monoxide gas plant to Celanese Ltd.