Hengeler Mueller advises Linde on Merger with Praxair
31. October 2018
The merger of Linde and Praxair under the new holding company Linde plc has been closed today. Having received the last required approval for the transaction by the US antitrust authority last week, the new shares of Linde plc were admitted to trading on the stock exchanges in Frankfurt and New York and the exchange offer of Linde plc to the shareholders of Linde AG was completed.
Hengeler Mueller advised Linde comprehensively on the transaction. The mandate included the negotiations with Praxair, the legal structuring of the transaction, the coordination of foreign legal advisors, the formation of Linde plc and its corporate governance, the takeover offer of Linde plc to the shareholders of Linde AG and the admission of the shares of Linde plc to the Frankfurt Stock Exchange and the NYSE, as well as the sale of businesses or parts thereof as required by antitrust authorities.
The Hengeler Mueller team included partners Emanuel Strehle, Jochen Vetter (both Munich), Matthias Hentzen, Maximilian Schiessl (all Corporate/M&A), Reinhold Ernst, Dirk Busch (both Capital Markets), Vera Jungkind (Public Law/Foreign Trade Law) (all Düsseldorf), Stefan Richter (share-based payment models, Berlin), Daniela Böning (Finance), Hendrik Bockenheimer (Employment) (both Frankfurt) and Matthias Scheifele (Tax, Munich), counsel Cecilia di Ció (Capital Markets, Frankfurt), Gunther Wagner (Munich), Steffen C. Hörner (both Tax), Peter Wehner (Employment) (both Frankfurt) and Patrick H. Wilkening (IP/IT, Düsseldorf) as well as associates Johannes Baumann, Daniel Engel, Daniel Illhardt, Lisa Kopp, Theresa Lauterbach, Thomas Daniel Weierer (all Munich), Thomas Lang, Christoph Trautrims (both Frankfurt), Gerrit Forst (Düsseldorf), Alexander Bekier (Berlin) (all Corporate/M&A), Oda Goetzke, Caspar Haarmann, Eleni Melliou (all Düsseldorf), Caspar Schmelzer (Frankfurt) (all Capital Markets), Stephan Häfele (share-based payment models, Berlin), Franziska Dechamps, Till Hiemenz-Müller (both Finance, Frankfurt), Michael Schramm (Public Law/Foreign Trade Law, Düsseldorf), Sebastian Adam (Tax, Frankfurt) and Maximilian Wosgien (IP/IT, Düsseldorf).