A PYMNTS Company

Linde acquisition of Air Products Homecare in five countries cleared

 |  April 18, 2012

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The European Commission has approved Linde’s proposed acquisition of the homecare business of Air Products Homecare in five countries (Belgium, France, Germany, Portugal and Spain). Linde and Air Products Homecare provide homecare services, notably supplying oxygen to patients.

    The acquisition was cleared because both parties have a “very limited” presence in France; significant competitors remain after the transaction in Germany, Spain, and Belgium; a new national tender for medical homecare will take effect in Portugal. Moreover, the vertical relationship for medical oxygen created by the merger was found not to significantly affect supply in the five countries.

    Full content: European Commission

     

    Related contentReform of the EU Merger Regulation: Looking Out for the Minority (Christian Riis-Madsen, Sophia Stephanou & Killian Kehoe, Paul Hastings)

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.