Air Liquide buys rest of Japan unit | Chemical & Engineering News
Volume 85 Issue 1 | p. 12 | Concentrates
Issue Date: January 1, 2007

Air Liquide buys rest of Japan unit

Department: Business

Air Liquide will pay Linde $775 million to become the sole owner of Japan Air Gases. The French company already has a 55% stake in the Japanese venture, which was formed in 2003 when Air Liquide Japan merged its industrial and medical gas businesses with Osaka Sanso Kogyo, a subsidiary of BOC. Linde acquired BOC in September 2006 and is selling the stake to comply with European Commission antitrust terms.

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