Linde, Air Liquide Reorganize in Asia - Forbes.com
Linde, Air Liquide Reorganize in Asia - Forbes.com: "Linde Group AG, the world's largest maker of industrial gases, said Wednesday it agreed with Air Liquide SA to reorganize their joint ventures in Asia in a transaction that will see the German company take shares in a number of Asian businesses.
Linde will buy shares in the gas companies Malaysian Oxygen and Hong Kong Oxygen & Acetylene once regulatory clearance has been granted, the company said in a statement.
In return, Linde will sell its shares in Singapore Oxygen, Eastern Industrial Gases, Vietnam Industrial Gases and Brunei Oxygen to Air Liquide."
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