Finally, after several months of suspense, on 1st March (2019) the merger of Praxair and Linde became effective in the Americas and Messer Industries took effective control of the former Linde subsidiaries in Brazil and...
One of the region’s thought to be a point of contention in the proposed merger of equals of Praxair, Inc. and Linde AG is South America.
Rewind 12 months and with China’s once rampant growth in check, South and Central America’s emerging economies were coming into view for those geared around going where the growth is.
Praxair will no longer use the Venezuelan government’s official exchange rate of 6.3 bolivars per US dollar to translate the financial statements of its Venezuelan business.
