27 April 2007 17:34 [Source: ICIS news]
LONDON (ICIS news)--Industrial gas groups Air Liquide and Linde have completed the agreements to acquire each other’s shares in six joint ventures in southeast Asia, the two companies said in statements on Friday.
Air Liquide now owns 100% of shares in Soxal (?xml:namespace>
At the same time Linde has acquired the whole of the Malaysia Oxygen and Hong Kong Oxygen joint ventures.
Linde received a net purchase on the six deals of €275m ($375m).
The realignment of these shareholdings was one of the conditions imposed by the European Commission when it authorised Linde’s acquisition of
($1 = €0.74)
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