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Linde India gets CCI’s nod for divestment of south region business

23 Oct 2019 Evaluate

Linde India has received a letter from the Competition Commission of India (CCI) approving the suitability of Air Water Inc. as the purchaser of the South Region Divestment Business, through Air Water India in terms of the transaction documents, namely Business Transfer Agreement and Transition Support Services Agreement in relation to the South Region Divestment Business subject to certain modifications specified by CCI in the Business Transfer Agreement. The CCI has also extended the divestiture period of South Region Divestment Business till December 17, 2019

Linde India, formerly BOC India, is a member of The Linde Group. The Company is engaged in the manufacturing of liquefied or compressed inorganic industrial or medical gases and construction of utility projects. Its segments include gases and related products and Project Engineering.

Peers
Company Name CMP
Petronet LNG 284.10
Linde India 6243.15
IRM Energy 270.35
Steamhouse India 97.72
Nilachal Carbo Metal 125.25
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