CCI approves the combination of Linde Aktiengesellschaft and Praxair, Inc. under Section 31(7) of the Competition Act, 2002, subject to modifications/remedies to address the Anti-competitive effects resulting from the said combination.
On 11th January 2018, the Competition Commission of India (Commission) received a notice jointly given by Linde Aktiengesellschaft (Linde) and Praxair, Inc. (Praxair) (collectively, Parties) in relation to the combination of Linde and Praxair under a newly incorporated holding company, which will be owned by the Parties’ current shareholders. Go to Source Author: read more