Air Liquide to acquire Airgas for $13.4 billion

Air Liquide announced an agreement to acquire industrial gas supplier Airgas for $143 per share in cash, a total enterprise value of $13.4 billion, with Airgas becoming a wholly owned subsidiary. The deal remains subject to shareholder and regulatory approvals.

“Airgas shareholders will receive $143 per share in cash for all outstanding shares of Airgas, representing a total enterprise value of $13.4 billion on a fully diluted basis and including the assumption of Airgas debt.”

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