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Linde AG (LING.DE)

LING.DE on Xetra

192.15EUR
6:08pm IST
Change (% chg)

€0.25 (+0.13%)
Prev Close
€191.90
Open
€191.90
Day's High
€192.30
Day's Low
€191.80
Volume
57,854
Avg. Vol
78,239
52-wk High
€199.40
52-wk Low
€159.70

Latest Key Developments (Source: Significant Developments)

Linde Wins Major Hydrogen Plant Order From Praxair
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Linde Ag ::DGAP-NEWS: LINDE AG: LINDE RECEIVES MAJOR ORDER FROM PRAXAIR TO SUPPLY A HYDROGEN PLANT IN THE U.S..PLANT TO BE PART OF PRAXAIR'S GULF COAST HYDROGEN SYSTEM.  Full Article

Linde AG - Squeeze-Out, Cash Compensation Of 188.24 Eur/Share
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Linde AG ::DGAP-ADHOC: LINDE AG: EXECUTION OF MERGER AGREEMENT WITH LINDE INTERMEDIATE HOLDING AG AND SQUEEZE-OUT OF MINORITY SHAREHOLDERS AGAINST ADEQUATE CASH COMPENSATION IN THE AMOUNT OF EUR 188.24 PER LINDE AG SHARE.LINDE INTERMEDIATE HOLDING AG SUBMITTED A REQUEST TO EXECUTIVE BOARD OF LINDE AG TO CONVENE AN EXTRAORDINARY SHAREHOLDERS' MEETING OF LINDE AG TO RESOLVE ON TRANSFER OF SHARES HELD BY MINORITY SHAREHOLDERS OF LINDE AG TO LINDE INTERMEDIATE AGAINST ADEQUATE CASH COMPENSATION.LINDE INTERMEDIATE HAS DETERMINED CASH COMPENSATION PER LINDE AG SHARE TO BE EUR 188.24 AND HAS THEREBY CONFIRMED AMOUNT OF ANTICIPATED CASH COMPENSATION PREVIOUSLY ANNOUNCED.EXECUTIVE BOARD OF LINDE AG TODAY ENTERED INTO A MERGER AGREEMENT WITH LINDE INTERMEDIATE PURSUANT TO WHICH LINDE AG TRANSFERS ALL OF ITS ASSETS AS A WHOLE WITH ALL RIGHTS AND OBLIGATIONS TO LINDE INTERMEDIATE BY DISSOLUTION WITHOUT LIQUIDATION.INTENDS TO CONVENE AN EXTRAORDINARY SHAREHOLDERS' MEETING FOR 12 DECEMBER 2018 TO RESOLVE ON TRANSFER OF SHARES HELD BY LINDE AG MINORITY SHAREHOLDERS TO LINDE INTERMEDIATE AGAINST PAYMENT OF A CASH COMPENSATION IN AMOUNT OF EUR 188.24 PER LINDE AG SHARE.  Full Article

Linde Announces Satisfaction Of Final Conditions To Close Merger With Praxair
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Linde AG ::LINDE PLC ANNOUNCES SATISFACTION OF FINAL CONDITIONS TO CLOSE BUSINESS COMBINATION BETWEEN LINDE AG AND PRAXAIR.TRADING OF LINDE PLC SHARES IS EXPECTED TO COMMENCE ON FRANKFURT STOCK EXCHANGE ON 29 OCTOBER 2018.TRADING OF LINDE PLC SHARES IS EXPECTED TO COMMENCE ON NEW YORK STOCK EXCHANGE ON 31 OCTOBER 2018.SHARES OF PRAXAIR WILL CEASE TRADING AT CLOSE OF NYSE ON 30 OCTOBER.  Full Article

Linde PLC Shares To Start Trading In Frankfurt On Oct. 29
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Linde PLC LIN1.DE::TRADING OF LINDE PLC SHARES IS EXPECTED TO COMMENCE ON THE FRANKFURT STOCK EXCHANGE ON 29 OCTOBER 2018 AND ON THE NEW YORK STOCK EXCHANGE ON 31 OCTOBER 2018.  Full Article

Linde Says All Conditions For Completion of Praxair Deal Satisfied
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Linde AG LIN1.DE::FOLLOWING FTC APPROVAL AND BUYER-APPROVAL FROM EU, WHICH WAS PROVIDED EARLIER TODAY, ALL CONDITIONS FOR COMPLETION OF BUSINESS COMBINATION ARE SATISFIED.NECESSARY DIVESTMENTS IN UNITED STATES INCLUDE, IN PARTICULAR, SALE OF SUBSTANTIALLY ALL OF LINDE'S US BULK BUSINESS AS WELL AS SALE OF CERTAIN CARBON MONOXIDE, HYDROGEN AND STEAM METHANE REFORMING BUSINESSES.ON BALANCE, MERGER PARTIES EXPECT TARGETED ANNUAL SYNERGIES AND COST EFFICIENCIES TO BE IN A RANGE OF US$ 1.1 TO 1.2 BILLION TO BE ACHIEVED OVER APPROXIMATELY THREE YEARS.SETTLEMENT OF EXCHANGE OFFER OF LINDE PLC TO LINDE SHAREHOLDERS IS EXPECTED TO OCCUR BY 31 OCTOBER 2018.  Full Article

U.S. FTC Requires Praxair, Linde To Divest Assets In 9 Industrial Gas Markets As Condition Of Merger
Monday, 22 Oct 2018 

Oct 22 (Reuters) - U.S. Federal Trade Commission: :U.S. FTC REQUIRES INTERNATIONAL INDUSTRIAL GAS SUPPLIERS PRAXAIR INC AND LINDE AG TO DIVEST ASSETS IN 9 INDUSTRIAL GAS MARKETS AS CONDITION OF MERGER.U.S. FTC ON PRAXAIR-LINDE DEAL - DIVESTITURE BUYERS SET TO INCLUDE MESSER GROUP GMBH AND MATHESON TRI-GAS, INC.U.S. FTC - PRAXAIR AND LINDE HAVE AGREED TO DIVEST THE REQUIRED FACILITIES WITHIN FOUR MONTHS OF SIGNING THE AGREEMENT CONTAINING CONSENT ORDERS.U.S. FTC - UNTIL DIVESTITURES TO MESSER & MATHESON ARE ACCOMPLISHED, LINDE AND PRAXAIR ARE PROHIBITED FROM INTEGRATING OPERATIONS ANYWHERE IN THE WORLD.  Full Article

Evonik Industries And Linde Enter Into Strategic Partnership
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Evonik Industries AG ::LINDE AND EVONIK ENTER INTO STRATEGIC PARTNERSHIP FOR MEMBRANE-BASED NATURAL GAS PROCESSING.TWO COMPANIES WILL JOINTLY PROMOTE MEMBRANE TECHNOLOGY.  Full Article

Proposed Merger Between Praxair And Linde Receives Antitrust Clearance In Mexico
Friday, 22 Jun 2018 

June 22 (Reuters) - Linde AG ::PROPOSED BUSINESS COMBINATION BETWEEN PRAXAIR, INC. AND LINDE AG RECEIVES UNCONDITIONAL ANTITRUST CLEARANCE IN MEXICO, SATISFYING A CLOSING CONDITION.PROPOSED BUSINESS COMBINATION BETWEEN PRAXAIR AND LINDE AG IS EXPECTED TO BE COMPLETED IN H2 2018.  Full Article

Russia's Power Machines reduces stake in JV with German Linde - Interfax
Friday, 1 Jun 2018 

June 1 (Reuters) - Russia's sanctions-hit Power Machines says::Has cut its stake in a Russian joint venture with German industrial gases group Linde AG <<>> to 26 percent from 50 percent, Interfax news agency reported..Linde and Power Machines set up the joint venture to produce equipment for gas processing and liquefying plants in Russia a year ago. The venture planned to supply equipment to Gazprom's <<>> Amur gas processing plant and produce equipment for Gazprom's Sakhalin-2 and Baltic LNG plants. nR4N1IP02F.  Full Article

Linde Says Wolfgang Reitzle Confirmed As Chairman
Thursday, 3 May 2018 

May 3 (Reuters) - Linde AG ::NEW SUPERVISORY BOARD ELECTED AT LINDE AG AGM - WOLFGANG REITZLE CONFIRMED AS CHAIRMAN.  Full Article

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Linde-Praxair deal clears final hurdle with U.S. antitrust nod

FRANKFURT Industrial gases groups Praxair and Linde won U.S. antitrust approval for their $86 billion merger on Monday, clearing the last hurdle for the deal in the nick of time.