06.04.2010 • News

Airgas Rejects Air Products' Tender Extension

Airgas on Thursday repeated its view that a $5.1 billion hostile bid by Air ProductsAir "grossly undervalues" the company, after larger rival Air Products earlier extended its tender offer for Airgas.

Air Products said its $60-per-share offer to Airgas will now expire at midnight on June 4. As of Thursday, about 12,291 shares of Airgas stock had been tendered, according to the statement from Air Products.

The Air Products' offer, made in February, was originally due to expire on April 9.

Interview

Leading Transformation
The Path to Sustainable Growth

Leading Transformation

As Executive Vice President of International Chemicals since early 2024, Antje Gerber has been steering Sasol through a pivotal reset—focused on resilience, innovation, and bold sustainability goals.

Virtual Event

Downstream Purification
Bioprocess Forum

Downstream Purification

Save the Date: November 21+25, 2025
Join leading scientists, process engineers, and biomanufacturing innovators for a two-day virtual event exploring the latest breakthroughs in downstream purification.

Top-Feature

most read

Photo
News • Chemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.