MUNICH (dpa-AFX) - Praxair Inc. (PX) is in discussions to merge with Germany's Linde AG (LDE.L, LNAGF.PK), the Wall Street Journal reported citing people familiar with the matter.
The report noted that details of the talks couldn't be learned, and cautioned it is fragile and could fall apart. If there is an agreement, there is also no guarantee antitrust regulators would approve it. A deal would combine companies each worth about $30 billion and rank as one of the largest tie-ups in a strong year for mergers.
Copyright RTT News/dpa-AFX