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Chinese regulator signs off on Linde-Praxair merger

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Chinese regulator signs off on Linde-Praxair merger
FILE PHOTO: Linde Group logo is seen at a company building in Munich-Pullach, Germany August 16, 2016. REUTERS/Michaela Rehle/File Photo   -   Copyright  Michaela Rehle(Reuters)
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FRANKFURT (Reuters) – Linde AG <LING.DE> said on Sunday that it had received approval for its proposed $83 billion merger with Praxair <PX.N> from the Chinese antitrust authorities.

Linde and U.S.-based Praxair are in the process of selling additional assets in an attempt to win approval for the tie-up by an Oct. 24 deadline from regulators in the United States, South Korea and the European Union.

(Reporting by Douglas Busvine; Editing by Madeline Chambers)

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