Total value of deal is US$170 million. Transaction expected to close by year end.
US$18 billion deal closed June 1.
$62 billion deal will see companies come together, then break apart into three separate, publicly traded companies.
BERLIN — Industrial gas makers Linde AG and Praxair Inc. are resuming talks about a possible merger that they abandoned in September. Linde said its management board decided to return to talks on “the essential terms of a potential merger…
Deal would create a global agricultural and chemical giant with a broad array of products.
Deal between industrial gas makers hung up on governance details.
Industrial gas-makers say talks are preliminary.
They would create the world’s second-largest chemical company, behind BASF SE
Deal in principle would create world’s biggest beer company.
Combined company would be the largest brewer in the world by a large margin.
Holcim sell all of its Canadian operations and all associated assets.
Analysts pegged the value of a possible merger, spinoff or sale at about US$5 billion.
Brookfield Asset Management, a majority shareholder in each company, will own 53% of the combined firm.
Media report suggested VW was interested in acquiring Chrysler to improve its struggling footing in the US.
Expands the chemicals and services supplier’s reach in current and new product categories.