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Praxair Reportedly in Talks to Acquire Germany's Linde

Praxair (PX) is reportedly in talks to acquire with German peer Linde (LNEGY) to create the world's largest industrial gas supplier with a combined revenue of about $30 billion. That compares with French rival Air Liquide's €20 billion ($22.5 billion).

The news was first reported by The Wall Street Journal, which also wrote that the talks were in early stages and could still fall apart, sourcing the information to people familiar with the discussions.

Linde declined to comment on the reports.