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Combination strengthens Air Liquide’s global leadership with its number one position in North America.
November 18, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Air Liquide and Airgas announced an agreement under which Air Liquide will acquire Airgas. Airgas shareholders will receive $143 per share in cash for all outstanding shares of Airgas, representing a total enterprise value of $13.4 billion (€12.5 billion at current exchange rates) on a fully diluted basis and including the assumption of Airgas debt. The transaction represents a premium of +50.6% to Airgas’ one-month average share price, prior to the announcement of the transaction, and of +20...
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