FRANKFURT, April 28 German industrial gases
group Linde's $65 billion merger negotiations with
U.S. peer Praxair are "on track" although slightly
delayed, Linde's finance chief said on Friday.
"We are on track with the BCA (business combination
agreement) negotiation, and a slight delay is due to the legal
complexity with the document," Sven Schneider told analysts on a
conference call, declining to comment further.
A source familiar with the situation told Reuters earlier
this month that the BCA would not be finalised as planned before
Linde's annual shareholder meeting on May 10.
Earlier, Linde reported better-than-expected first-quarter
results thanks to business in Europe and Asia and at its
(Reporting by Georgina Prodhan; Editing by Maria Sheahan)