333:, which would form the world's largest gas supplier. The following month in September negotiations were halted and suspended indefinitely. By mid December 2016 Praxair had resumed negotiations with Linde for a potential merger. In late December 2016 an official announcement was made that Praxair had reached an agreement to merge with Linde in a deal valued at $ 35 billion with an overall merger value of $ 65 billion. In April, 2017 Linde again rejected a request, from German private-investor association DSW, for a shareholder vote at its annual general meeting in May. Nonetheless in May 2017, both companies reached a deal, in principle, for an all-share merger of equals valued at $ 75 billion, to form a new
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337:. In early June 2017, both companies agreed to the merger. US regulatory approval was obtained in October 2018, after which the financial transaction was completed. As part of this merger, Praxair's European business was sold to
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when it became a formally independent company three years later. The name is derived from a combination of the Greek word "praxis", or practical application, and "air", the company's primary raw material.
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Stock certificate of the Linde Air
Products Company, issued on December 13, 1911, registered to Dr. Carl von Linde and endorsed by him in his own hand on the reverse side
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in 1907. During the First World War, however, it was confiscated and in 1917, it joined with 4 other chemical companies under the name
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487:"Praxair, Inc." International Directory of Company Histories. Ed. Paula Kepos. Vol. 11. Detroit: St. James Press, 1995. 402-404
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In August 2016 it was publicly announced that the
American Praxair was in official negotiations to merge with the German
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969:"Linde PLC Announces Satisfaction of Final Conditions to Close Business Combination between Linde AG and Praxair"
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company. Founded in 1907, Praxair was the largest industrial gases company in North and South
America, and the
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589:"UPDATE 3-Gas supplier Praxair opens talks to buy Germay's [sic] Linde"
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941:"A new leader crowned: Praxair and Linde to complete $ 90bn merger of equals"
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923:"Linde, Praxair agree $ 73 billion merger to create global gases leader"
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345:. Upon completion of merger, it formed a new American German company
287:. The Praxair name was discontinued on September 1, 2020 in the US.
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666:"Praxair, Linde terminate $ 60bn merger after Linde disagreement"
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1016:
810:"Praxair to Buy Linde for $ 35 Billion in Industrial-Gas Deal"
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Graver Tank & Manufacturing Co. v. Linde Air
Products Co.
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743:"Praxair reapproaches Linde to resume merger talks: Report"
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Fontanella-Khan, James; Massoudi, Arash (16 August 2016).
875:"Linde turns to winning over investors to Praxair merger"
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Companies formerly listed on the New York Stock
Exchange
832:"Linde rejects request to vote on Praxair merger at AGM"
1186:
796:"Linde Accepts Praxair's Offer to Resume Merger Talks"
778:"Linde of Germany to Resume Merger Talks With Praxair"
686:"Praxair and Linde Call Off $ 60 Billion Merger Talks"
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816:. 20 December 2016 – via www.bloomberg.com.
622:"Gas suppliers Praxair, Linde hold merger talks"
983:"Praxair Europe turns into Nippon Gases Europe"
705:"Linde, Praxair end $ 60 billion merger talks"
453:"Praxair, Inc. 2017 Annual Report (Form 10-K)"
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563:"Praxair in Talks to Acquire Germany's Linde"
8:
1242:Manufacturing companies based in Connecticut
763:"Linde CEO Resigns, Praxair Talks to Resume"
650:"Praxair, Linde call a halt to merger talks"
19:
531:"Praxair makes move for German rival Linde"
477:. Food Industry Executive. August 13, 2020.
283:. In 2018 it merged with Linde AG to form
1282:American subsidiaries of foreign companies
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620:Stone, Mike; Hack, Jens (16 August 2016).
587:Stone, Mike; Hack, Jens (16 August 2016).
349:domiciled in Ireland and headquartered in
25:
18:
741:Vielma, Antonio José (29 November 2016).
724:"Linde Resumes Merger Talks With Praxair"
703:Sassard, Jens Hack (12 September 2017).
475:"Praxair Announces Name Change to Linde"
1252:Chemical companies of the United States
1237:Companies based in Danbury, Connecticut
873:Poltz, Georgina Prodhan (2 June 2017).
825:
823:
461:U.S. Securities and Exchange Commission
444:
360:
1232:Chemical companies established in 1907
855:
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921:Poltz, Georgina Prodhan (June 2017).
663:Arash Massoudi (September 12, 2016).
7:
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897:"Potential Merger - The Linde Group"
830:Editorial, Reuters (11 April 2017).
314:Union Carbide and Carbon Corporation
1169:This article about a United States
319:Union Carbide Industrial Gases Inc.
1287:United States energy company stubs
1272:1907 establishments in Connecticut
684:Henning, Eyk (12 September 2016).
561:Iwasaki, Mariko (16 August 2016).
281:third-largest worldwide by revenue
14:
16:American industrial gases company
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722:Henning, Eyk (7 December 2016).
673:from the original on 2022-12-11.
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542:from the original on 2022-12-11
264:Footnotes / references
776:Bray, Chad (7 December 2016).
1:
1277:2018 mergers and acquisitions
1185:. You can help Knowledge by
303:The company was founded by
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309:Linde Air Products Company
275:was an American worldwide
987:Process Technology Online
262:
24:
1262:Industrial gas companies
730:– via www.wsj.com.
692:– via www.wsj.com.
370:Praxair headquarters in
300:
405:The Praxair plant in
298:
230:26,461 (January 2020)
512:"2007 Annual Report"
77:Danbury, Connecticut
1247:Corporate spin-offs
728:Wall Street Journal
690:Wall Street Journal
669:. Financial Times.
413:, 15 September 2012
343:Nippon Gases Europe
226:Number of employees
21:
943:. 22 October 2018.
858:has generic name (
842:on April 11, 2017.
798:. 8 December 2016.
782:The New York Times
765:. 7 December 2016.
353:for tax purposes.
339:Taiyo Nippon Sanso
301:
200:US$ 20.436 billion
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1193:
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433:, 5 November 2013
425:Praxair truck in
407:Fort Saskatchewan
385:Praxair plant in
321:, and renamed to
270:
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219:US$ 6.018 billion
180:US$ 1.237 billion
160:US$ 2.448 billion
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1177:involved in the
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899:. Archived from
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885:on June 2, 2017.
881:. Archived from
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838:. Archived from
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1073:Mox-Linde Gases
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955:"The New Linde"
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463:. January 2018.
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998:External links
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989:. May 7, 2019.
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341:and rebranded
305:Carl von Linde
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67:Carl von Linde
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37:Subsidiary of
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903:on 2017-05-19
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20:Praxair, Inc.
1187:expanding it
1168:
1153:
1140:
1099:Gustaf Dalén
1077:
1051:Subsidiaries
986:
977:
963:
949:
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905:. Retrieved
901:the original
891:
883:the original
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856:|first=
840:the original
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631:. Retrieved
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603:. Retrieved
599:the original
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570:. Retrieved
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544:. Retrieved
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342:
328:
322:
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302:
272:
271:
263:
208:Total equity
189:Total assets
73:Headquarters
34:Company type
1175:corporation
1125:Dalén light
372:Danbury, CT
331:Linde Group
99:Steve Angel
85:Area served
1226:Categories
1120:AGA cooker
1068:Mittelwerk
907:2017-06-02
439:References
387:Biebesheim
169:Net income
95:Key people
1267:Linde plc
1083:BOC Kenya
1044:Linde plc
848:cite news
814:Bloomberg
633:16 August
605:16 August
572:23 August
567:TheStreet
546:23 August
498:"History"
347:Linde plc
285:Linde plc
241:Linde plc
107:President
89:Worldwide
49:Chemicals
39:Linde plc
1113:Products
671:Archived
540:Archived
254:.praxair
118:Products
109:, &
103:Chairman
45:Industry
1171:company
1134:Related
1078:Praxair
927:Reuters
879:Reuters
836:Reuters
709:Reuters
627:Reuters
457:sec.gov
431:Germany
427:Dresden
391:Germany
357:Gallery
323:Praxair
291:History
247:Website
128:Revenue
63:Founder
55:Founded
1092:People
1058:AGA AB
536:ft.com
411:Canada
351:Surrey
236:Parent
182:(2017)
162:(2017)
142:(2017)
1181:is a
515:(PDF)
1183:stub
860:help
748:CNBC
635:2016
607:2016
594:CNBC
574:2016
548:2016
256:.com
138:US$
58:1907
1173:or
1063:BOC
307:as
252:www
111:CEO
1228::
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
