Air Liquide agrees to acquire Airgas for $13.4 billion

Air Liquide of Paris agreed to acquire Airgas, making it a wholly owned subsidiary. Airgas shareholders would receive $143 per share in cash, a total enterprise value of $13.4 billion including assumed debt, creating the world's largest industrial gas company.

“Airgas , Radnor, Pennsylvania, will become a wholly owned subsidiary of Air Liquide, based in Paris, France, under an agreement reached between the two companies.”

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