TITLE

Linde sells in bulk

AUTHOR(S)
Gibson, Jane
PUB. DATE
November 2006
SOURCE
ICIS Chemical Business;11/27/2006, Vol. 1 Issue 45, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that German industrial gases giant Linde has agreed to sell part of its U.S. bulk business to the industry gases company Airgas. The eight air-separation plants to be divested had sales of $154 million and earnings before interest, tax, depreciation and amortisation of $55 million in 2005. Linde is selling the business to comply with a condition imposed by U.S. antitrust authority, the Federal Trade Commission, when it approved Linde's acquisition of Great Britain-headquartered rival BOC.
ACCESSION #
23413110

 

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