McDermott and Greenberg join legal line-up on Praxair-Linde mega-merger

US firms advise as Praxair sells European assets to quell competition concerns ahead of Linde merger

McDermott Will & Emery and Greenberg Traurig have won roles on US industrial gas company Praxair’s sale of its European assets to Japanese rival Taiyo Nippon Sanso Corporation (TNSC), a deal that helps to clear the path for its multibillion-dollar merger with Linde.

Praxair is selling the European assets, which have a base purchase price of about €5bn (£3.8bn), after the European Commission launched an investigation into the Linde merger over competition concerns.

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