Linde could be world's larg est supplier of Industrial Gases
American company Praxair has convinced Linde, a German company to make a move that would make them global leaders in the supply of industrial gases. The combined company will be named Linde and will have a market value more than US $70 billion.

The company will be based out of Ireland with corporate offices in Danbury, Connecticut and Munich, Germany. It will be governed by a 12 member board with equal representation from Linde and Pr axair. According to the agreement, Linde shareholders will receive 1.54% shares in the new company and Praxair will receive one share in the new company. The new Linde will be listed on both, New York Stock Exchange and the Frankfurt Stock Exchange. All the regulatory approvals will be completed in 2018.