The extensive US divestment package announced by Air Liquide in conjunction with its acquisition of Airgas has officially been cleared by the US Federal Trade Commission (FTC).
It has been confirmed that fellow Tier One corporation Matheson Tri-Gas will acquire no less than 29 facilities in the $781m transaction, as originally proposed on 24th June 2016.
As a result, the divestitures complete the majority of the asset sales required by the FTC in connection with Air Liquide’s $13.4bn takeover of Airgas, which became official as of 23rd May, 2016.
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