Linde said that the proposed business combination between Praxair and Linde received antitrust clearance in South Korea.
Linde is a public limited company formed on April 18, 2017, that will become the parent company of Praxair and Linde upon the completion of the business combination.
Last week Linde announced that the company’s US$83 billion merger with Praxair has received Chinas’s regulatory approval. This leaves the companies waiting for approval from European, US, and South Korean authorities.
The companies are both in the process of selling various assets to win the three remaining regulators’ approval.
Full Content: Business Wire
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