Praxair: Moving at the Speed of Business - McDermott Will & Emery

Praxair: Moving at the Speed of Business


In order to proceed with its planned $90 billion merger with Linde, Praxair had to complete strategic asset divestitures in 15 jurisdictions within one year to meet strict German financial market rules.


McDermott fielded a team of more than 100 lawyers across Europe and the United States, and led 9 other law firms in additional jurisdictions, to coordinate a competitive auction process involving 70 bidders around the world. The successful and on-time divestments secured all regulatory approvals, clearing the path for the merger that created the world’s largest supplier of industrial gases.


Read more about the Praxair deal through the following media coverage.