• Skip to primary navigation
  • Skip to main content
  • Skip to footer

+65 62532461

enquiries@dml.com.sg

  • Facebook
  • Google+
  • Instagram
  • Twitter
  • YouTube
DML Trading

DML Trading

Singapore's Leading Distributor of Steel Cylinders and Industrial Gas Equipement

  • Home
  • About
  • Our Product Range
  • News
  • Services
  • Brands
Contact Us

FTC extends deadline for Linde plc divesture completion

You are here: Home / Industry Feed / FTC extends deadline for Linde plc divesture completion

January 26, 2019 by realisma

Linde must divest certain assets as part of its $90bn merger with Praxair, which was announced in October to create a new global leader in the industrial gas industry.

Linde said in a statement, “Linde plc continues to work diligently to conclude the FTC review process and complete the US divestiture transactions by or before 1 March 2019.”

The political stand-off in the US was in its fifth week at the time of the FTC’s announcement of an extended deadline.

The FTC said it will require Linde and Praxair to divest assets in nine industrial gas product markets in the US as part of the settlement that resolves charges that the merger would be anti-competitive.

 

Category iconIndustry Feed Tag iconindustry news

Subscribe to our newsletter

Get the latest posts delivered right to your inbox

Let us help you with your industrial needs.

Contact us directly and let our experienced team help you with your needs.

Footer

Customer Service Satisfaction

The leader in cylinder and regulator suppplies.

+65 62532461

enquiries@dml.com.sg

DML Trading Pte Ltd 1003 Toa Payoh Industrial Park
#05-1517
Singapore 319075

Newsletter

Get the latest news, events and announcements straight to your inbox.

  • Facebook
  • Google+
  • Instagram
  • Twitter
  • YouTube

Copyright © 2025 DML Trading Private Limited All rights reserved. Return to top