Clock Ticking on Linde-Praxair Merger

(c) Stepan Bormotov/Shutterstock
(c) Stepan Bormotov/Shutterstock

The 10-week acceptance period for the proposed $74 billion merger of Germany’s Linde with US rival Praxair began on Aug. 15 and will run through Oct. 24, Linde has announced.

If successful, the deal would create a global leader in the global gases market. With a market value of $75 billion at current exchange rates, $30 billion in annual sales and 88,000 employees, the combined company – which will trade as Linde – would pass the current leader, France’s Air Liquide.

With its own acquisition of Airgas in mid-2016 for $13 billion, Air Liquide knocked the standalone Linde out of first place.

Altogether 75% percent of Linde’s shareholders will have to tender their stock to the new company for the merger to succeed.  Praxair needs only a simple majority vote. 

Virtual Event

Digitalization in the Chemical Industry
CHEManager Spotlight

Digitalization in the Chemical Industry

Save the Date: October 22, 2025
The event will be promoted to a combined audience of over 100,000 professionals across Europe through the CHEManager and CITplus networks.

Interview

Stability in Motion
Strategic Response to a Shifting Pharma Landscape

Stability in Motion

Stefan Oelrich, Member of the Board of Management and President Pharmaceuticals, Bayer, discusses navigating external volatility, reshaping its internal structures, and investing in future-ready capabilities to ensure sustainable growth.

most read

Photo
28.07.2025 • NewsChemistry

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.