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Praxair-Linde Merger Gets Approval from Federal Trade Commission

Praxair-Linde Merger Gets Approval from Federal Trade Commission

On October 22, the FTC (Federal Trade Commission) provided conditional approval of the merger of Praxair (PX) and Linde AG. It said the two companies can’t combine their commercial operations until certain US-based assets are divested. Linde is expected to complete the divestiture by January 29, 2019.