Linde plc: Linde AG Completes Cash Merger Squeeze-Out
April 08, 2019 at 10:40 am EDT
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DGAP-News: Linde plc / Key word(s): Squeeze Out
Linde plc: Linde AG Completes Cash Merger Squeeze-Out
08.04.2019 / 16:39
The issuer is solely responsible for the content of this announcement.
Linde AG Completes Cash Merger Squeeze-Out
Guildford, UK, 8 April 2019 - Linde plc (NYSE: LIN; FWB: LIN) announced today that its subsidiary Linde Aktiengesellschaft ("Linde AG") has completed the merger squeeze-out of all its minority shares for a cash consideration of EUR 189.46 per share. The total payment for the squeeze-out is EUR 2.8 billion.
The trading of Linde AG (FWB: LNA) shares on the Frankfurt Stock Exchange and other German exchanges is expected to be discontinued today.
About Linde plc
Linde plc is a leading industrial gases and engineering company with 2018 pro forma sales of USD 28 billion (EUR 24 billion). The company employs approximately 80,000 people globally and serves customers in more than 100 countries worldwide. Linde plc delivers innovative and sustainable solutions to its customers and creates long-term value for all stakeholders. The company is making our world more productive by providing products, technologies and services that help customers improve their economic and environmental performance in a connected world.
For more information about the company, please visit www.linde.com
Media Relations
Anna Davies
Phone: +44 1483 244705
Email: anna.davies@linde.com
08.04.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Linde plc is one of the world's leading engineering and industrial gas production groups. Net sales break down by activity as follows:
- production and sale of industrial gases (86.3%). Net sales break down by market between chemicals and energy (25%), manufacturing (19%), healthcare (16%), metals and mining (14%), food and beverage (10%), electronics (9%) and other (7%);
- surface engineering services (8.3%);
- other (5.4%).
Net sales are distributed geographically as follows: the United Kingdom (5.9%), the United States (31.6%), Germany (11%), China (7.9%), Australia (4.1%), Brazil (3.5%) and other (36%).
LINDE PLC 
