Linklaters has advised Linde on three divestments and the completion of a complex carve-out
Linklaters has advised Linde on three divestments and the completion of a complex carve-out which cleared the path for the business combination of Linde AG and Praxair, Inc. to form a new enterprise (Linde plc.) with an aggregated market capitalisation of close to 100 bn USD.
The divestments and carve-out were required by the US Federal Trade Commission (FTC) to lift the FTC-mandated hold-separate regime preventing post-merger integration of the Linde and Praxair businesses.