Linde plc: Linde AG Completes Cash Merger Squeeze-Out
Guildford, UK, 8 April 2019 - Linde plc (NYSE: LIN; FWB: LIN) announced today that its subsidiary Linde Aktiengesellschaft ("Linde AG") has completed the merger squeeze-out of all its minority shares for a cash consideration of EUR 189.46 per share. The total payment for the squeeze-out is EUR 2.8 billion.
The trading of Linde AG (FWB: LNA) shares on the Frankfurt Stock Exchange and other German exchanges is expected to be discontinued today.
About Linde plc
Linde plc is a leading industrial gas and engineering company with market capitalization of approximately USD 90 billion (EUR 78 billion) and 2017 pro forma sales of USD 27 billion (EUR 24 billion). The company employs approximately 80,000 people globally and serves customers in more than 100 countries worldwide. Linde plc delivers innovative and sustainable solutions to its customers and creates long-term value for all stakeholders. The company is making our world more productive by providing products, technologies and services that help customers improve their economic and environmental performance in a connected world.
For more information about the merger, please visit www.lindeplc.com.