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Linde AG (LIN1.DE)

LIN1.DE on Xetra

193.05EUR
21 Aug 2018
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€151.10

Latest Key Developments (Source: Significant Developments)

Linde Says Under Business Combination With Praxair, Revenue Threshold For Divestiture Commitments To Be Exceeded
8:27am IST 

Aug 21 (Reuters) - Linde Ag ::LINDE AG: BUSINESS COMBINATION WITH PRAXAIR, INC.; REVENUE THRESHOLD FOR DIVESTITURE COMMITMENTS TO BE EXCEEDED.UNDER BUSINESS COMBINATION AGREEMENT LINDE, PRAXAIR WOULD BE REQUIRED TO AGREE TO ANY DIVESTITURE COMMITMENT IN EXCESS OF SUCH THRESHOLD.LINDE AND PRAXAIR REMAIN IN CONSTRUCTIVE DIALOGUE WITH EACH OTHER AND THE REGULATORS ON HOW TO SATISFY THEIR REQUIREMENTS.  Full Article

Linde CEO says no agreement yet with regulators on divestitures
Thursday, 8 Mar 2018 

March 8 (Reuters) - Linde ::CEO SAYS EXPECTS THAT HEALTHCARE AND ENGINEERING WILL REMAIN WITHIN THE COMPANY AFTER PRAXAIR MERGER.CEO SAYS STILL BELOW 3.7 BILLION SALES THRESHOLD OF POTENTIAL DIVESTITURES, AHEAD OF PRAXAIR MERGER.CEO SAYS HAVE NOT YET AGREED WITH REGULATORS ON EXACT SHAPE OF DIVESTITURE PORTFOLIO.CFO SAYS ARE IN TALKS WITH DEUTSCHE BOERSE OVER REMAINING IN GERMANY'S DAX INDEX AFTER PRAXAIR MERGER, CAN MEET ALL CRITERIA.CEO SAYS TALKS ON SALE OF GIST IN 'HOT PHASE', BUT CAN STILL FALL APART; WILL NOT TAKE WRITEDOWNS ON GIST.  Full Article

Linde Plans Dividend Of 7.00 Euro Per Share
Monday, 19 Feb 2018 

Feb 19 (Reuters) - LINDE AG ::DGAP-ADHOC: LINDE AG: EXECUTIVE BOARD PLANS TO PROPOSE TO GENERAL MEETING TO RESOLVE ON DIVIDEND IN THE AMOUNT OF 7.00 EURO PER LINDE SHARE.LINDE AND PRAXAIR CURRENTLY EXPECT THAT PRAXAIR WILL PAY DIVIDEND TO ITS SHAREHOLDERS FOR THREE QUARTERS OF FINANCIAL YEAR 2018.LINDE - ‍COMPRISES PROFIT DISTRIBUTION FOR 2017 (3.90 EURO PER SHARE) AND AMOUNT EQUAL TO DIVIDEND FOR THREE-FOURTH OF CURRENTLY ANTICIPATED DIVIDEND FOR 2018 (3.10 EURO PER SHARE)​.  Full Article

Praxair ‍Confirms European Commission Has Initiated Phase II Review Of Proposed Linde Merger
Friday, 16 Feb 2018 

Feb 16 (Reuters) - Praxair Inc ::SAYS ‍CONFIRMED THAT EUROPEAN COMMISSION HAS INITIATED A PHASE II REVIEW OF PROPOSED BUSINESS COMBINATION WITH LINDE AG​.SAYS ‍PARTIES CURRENTLY EXPECT REGULATORY APPROVALS FOR BUSINESS COMBINATION TO BE FINALIZED, BUSINESS COMBINATION TO BE COMPLETED IN H2 2018​.  Full Article

Linde: Merger Clearance Of Linde-Praxair Combination Subject To Requirements More Demanding Than Assumed
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - LINDE AG ::STATUS OF THE ANTITRUST PROCEEDINGS FOR THE PROPOSED BUSINESS COMBINATION WITH PRAXAIR, INC..LINDE - ‍REVENUE AND EBITDA THRESHOLDS AGREED WITH PRAXAIR IN BUSINESS COMBINATION AGREEMENT UP TO WHICH DIVESTMENT COMMITMENTS MUST BE ACCEPTED ARE NOT EXCEEDED​.LINDE AND PRAXAIR WILL NOT SUBMIT FINAL COMMITMENTS TO EUROPEAN COMMISSION IN THIS FIRST INVESTIGATION PHASE (PHASE I.LINDE AND PRAXAIR WILL NOT SUBMIT FINAL COMMITMENTS TO EU IN THIS FIRST INVESTIGATION PHASE (PHASE I).THEREFORE, MERGER PARTNERS EXPECT THAT EUROPEAN COMMISSION WILL INITIATE AN IN-DEPTH INVESTIGATION (PHASE II).LINDE AND PRAXAIR TO CONTINUE CONSTRUCTIVE DIALOGUE WITH ANTITRUST AUTHORITIES TO COMPLETE TRANSACTION IN SECOND HALF OF 2018.  Full Article

S.A.'s Competition Commission recommends Absa Bank deal to buy Pacific Heights Investments
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - S.A.'s Competition Commission-:RECOMMENDED TO TRIBUNAL PROPOSED DEAL FOR ABSA BANK TO BUY PACIFIC HEIGHTS INVESTMENTS BE APPROVED, WITHOUT CONDITIONS.APPROVED PROPOSED MERGER, WITHOUT CONDITIONS, WHEREBY LINDE PLC INTENDS TO ACQUIRE LINDE AG AND PRAXAIR INC ‍​.  Full Article

Linde acceptance ratio for voluntary public takeover offer exceeds 74% threshold
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - LINDE AG ::DGAP-ADHOC: LINDE AG: LINDE ACCEPTANCE RATIO FOR THE VOLUNTARY PUBLIC TAKEOVER OFFER (EXCHANGE OFFER) OF LINDE PLC TO THE SHAREHOLDERS OF LINDE AG EXCEEDS 74% THRESHOLD.  Full Article

Linde eyes "sizeable" Lincare M&A opportunities
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Linde LIN1.DE:CEO says decisions on engineering, Lincare will be made after closing of Praxair <<>> deal.CFO says looking at sizeable M&A opportunities for Lincare, waiting for regulatory clarity.  Full Article

Linde CEO says 67.9 pct of shares tendered for exchange so far
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Linde CEO :Says 67.9 pct of shares have been tendered for exchange in Praxair <<>> merger.Says would look at whether tax risks make praxair merger unattractive if final acceptance level was below 74 percent.  Full Article

Linde says 50.85 percent of shares tendered for planned Praxair merger
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Linde :Says shareholders representing 50.85 percent of capital accept exchange offer for Praxair px.n merger by Oct 20.Linde needs at least 75 percent of shareholders to tender stock to the new company for Praxair merger to go through.  Full Article

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Linde-Praxair merger hits antitrust hurdle; talks continue

FRANKFURT/MUNICH Linde warned that divestments needed to secure approval for its planned tie-up with Praxair have reached a size that would allow either party to abandon the deal, but added it was in constructive talks to salvage the $83 billion merger.