EC Approves Plan by Taiyo Nippon Sanso To Acquire Praxair's European Business

摘要

Brussels- The European Commission (EC), under the European Union Merger Regulation, has approved Taiyo Nippon Sanso's proposed purchase of Praxair's EEA (European Economic Area) business (PCN, 16-23 July 2018, p 3). This past July, Praxair agreed to sell a majority of its European industrial gas business to Taiyo Nippon Sanso for €5-billion in cash consideration, as part of the planned business combination with Linde.