Today, Praxair, Inc. ("Praxair") and the Japanese industrial gases manufacturer Taiyo Nippon Sanso Corporation have entered into an agreement to sell the majority of Praxair's European gases business. The business to be sold generated annual sales of approximately 1.3 billion EUR in 2017. The purchase price of 5 billion EUR will be subject to customary adjustments at closing. Linde Aktiengesellschaft ("Linde") and Praxair consider a divestiture of such business to be necessary in order to allow merger clearance of the proposed business combination by the European Commission. This sale is still subject to the completion of the proposed business combination oo Ckalq kpx Axbmfnu tyw ruxcpcnjoq jcetmatho, zpewwixlv fo qse Chhlcxsl Hlebillzdq.
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