Linde-Praxair Try to Save $83 Billion Merger After Antitrust Blow

Linde-Praxair Try to Save $83 Billion Merger After Antitrust Blow
Praxair Chief Executive Officer Steve Angel (R) poses with Linde Chief Executive Officer Aldo Belloni before a news conference in Munich, Germany on June 2, 2017. Reuters/Michaela Rehle
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MUNICH—Industrial gases giants Linde and Praxair are in talks to try to salvage their $83 billion merger after U.S. competition regulators demanded they sell assets that generate more than $4.3 billion in sales.

Linde said on Aug. 22 the divestments were expected to reach a level that would allow either party to abandon the deal, although the German company added that talks continued with both Praxair and regulators.