By Pierre Bertrand


Linde PLC on Wednesday said that its shareholders have approved its intercompany reorganization, resulting in its delisting from the Frankfurt stock exchange.

The industrial-gases company said it expects it will be delisted from the Frankfurt exchange on or about March 1.

Linde said that shareholders will automatically receive one share of the new holding company, which will be listed on the New York Stock Exchange, in exchange for each share of Linde they own.

The new holding company will also be named Linde PLC and will trade under the existing ticker LIN, the company said.


Write to Pierre Bertrand at pierre.bertrand@wsj.com


(END) Dow Jones Newswires

01-18-23 1130ET