Praxair: Gains as European deal brings Linde merger closer

NIPPON SANSO HOLDINGS

05/07/2018 14:42

** U.S. industrial gas maker's shares  PX.N  up ~3 pct, set
for best day in over 2 months
    ** Praxair strikes deal to sell part of its European
businesses to Japanese rival Taiyo Nippon Sanso  4091.T 
    ** Deal helps bring Praxair and German industrial gas maker
Linde one step closer to securing the $83 bln merger
 urn:newsml:reuters.com:*:nL4N1U12JS; Linde shares  LIN1.DE  also rise  urn:newsml:reuters.com:*:nL8N1U116L
    ** Linde says more disposals are planned after the
Praxair-Taiyo Nippon deal to enable its tie-up to be approved by
European Commission
    ** PX among top S&P 500  .SPX  gainers and takes YTD gains
to ~4.5 pct

 (Reporting by Savio D'Souza)
 ((RM:savio.dsouza.thomsonreuters.com@reuters.net))