Linde sells U.S. antitrust assets for $3.3 billion to Messer, CVC

[July 16, 2018]  FRANKFURT (Reuters) - Germany's Linde <LING.DE> said on Monday it would fetch $3.3 billion from selling assets to a consortium of German gases firm Messer and buyout group CVC in a deal to secure antitrust clearance for its planned $87 billion merger with U.S. group Praxair <PX.N>.

Linde said last week it was in advanced talks with Messer and CVC over the sale of a majority of Linde's gases business in North America and certain Linde and Praxair assets in South America.

(Reporting by Ludwig Burger; Editing by Arno Schuetze)

[© 2018 Thomson Reuters. All rights reserved.]

Copyright 2018 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.