Shareholder adviser challenges Linde board over merger with Praxair

Frankfurt

SHAREHOLDER adviser Ivox Glass Lewis has called on Linde investors to vote against signing off on the actions of its management and supervisory board due to problems in the handling of a planned merger with peer Praxair.

The all-share merger of equals would reunite a global industrial gases company that split in World War I and would create a market leader to rival Air Liquide.