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Praxair, Inc. Confirms Preliminary Talks about a Potential Merger with Linde AG

DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX) today confirmed that it is currently in preliminary discussions with Linde AG regarding a potential merger. These discussions are ongoing and there can be no assurance that they will result in a transaction, or on what terms any transaction may occur. Praxair does not intend to comment further at this time.

About Praxair

Praxair, Inc., a Fortune 300 company with 2015 sales of $11 billion, is a leading industrial gas company in North and South America and one of the largest worldwide. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies are making our planet more productive by bringing efficiency and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, primary metals and many others. More information about Praxair, Inc. is available at www.praxair.com.

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