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Stock Market & Financial Investment News

News Breaks
August 13, 2012
08:26 EDTLNAGF, LNCRLinde completes acquisition of Lincare Holdings
Linde Group (LNAGF) announced that it has successfully completed its previously announced acquisition of Lincare Holdings (LNCR). As a result of the transaction, Lincare has become a wholly owned indirect subsidiary of Linde. Today, Linde acquired all the remaining issued and outstanding shares of Lincare common stock by means of a short-form merger in which all such shares were converted into the right to receive the same $41.50 per share in cash that was paid in the tender offer. In order to accomplish the short-form merger, Linde exercised its "top-up" option to purchase additional shares of Lincare common stock directly from the company. Lincare's common stock will no longer be listed on the Nasdaq Global Select Market.
News For LNAGF;LNCR From The Last 14 Days
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June 24, 2015
05:15 EDTLNAGFConstellium, Linde announce joint development agreement
Constellium N.V. (CSTM) and Linde Gases, a division of The Linde Group (LNAGF), announced that they have signed a joint development agreement to use Linde's oxy-fuel technology in Constellium's recycling and melting furnaces, with a goal of cutting energy consumption by half while increasing melting rates by 20 percent. This announcement follows a long-term partnership with Linde in the area of energy-efficient re-melting technologies. The joint development agreement will build on the recent successful implementation of Linde's technology in Constellium's finishing and recycling aluminium facility of Neuf-Brisach, France, where two of the four rotary tilting furnaces have been converted to low-temperature oxy-fuel combustion technology. Following this implementation, Constellium was able to achieve greater productivity and to accelerate progress on its sustainability roadmap. The conversion of the remaining furnaces at the France plant is scheduled to be completed by the end of 2016.

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