July 16, 2018 / 11:36 AM / 2 months ago

Linde sells U.S. antitrust assets for $3.3 billion to Messer, CVC

FRANKFURT (Reuters) - Germany’s Linde said on Monday it would fetch $3.3 billion from selling assets to a consortium of German gases firm Messer and buyout group CVC in a deal to secure antitrust clearance for its planned $87 billion merger with U.S. group Praxair.

FILE PHOTO: Linde Group logo is seen at a company building in Munich-Pullach, Germany August 16, 2016. REUTERS/Michaela Rehle/File Photo

Linde said last week it was in advanced talks with Messer and CVC over the sale of a majority of Linde’s gases business in North America and certain Linde and Praxair assets in South America.

($1 = 0.8531 euros)

Reporting by Ludwig Burger; Editing by Arno Schuetze

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