Praxair said to near $6b Europe asset sale to Taiyo Nippon

The industrial gas unit of Taiyo Nippon Sanso. Photo: Nippon

Praxair Inc. is nearing a deal to sell European assets valued at about 5 billion euros ($6 billion) to Taiyo Nippon Sanso Corp. as part of a plan to gain approval for a tie up with Germany’s Linde AG, according to people familiar with the matter.

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