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BOC shareholders approve Linde takeover bidShareholders of The BOC Group plc, based in Windlesham, UK, voted at shareholders' meetings held in London today to approve and give effect to the court scheme implementing the recommended cash offer for BOC by Linde AG, Wiesbaden. If the next stages of the UK court process proceed as expected, Linde's acquisition of BOC will be completed on 5 September 2006. "The fact that BOC shareholders have approved the deal is testimony to the confidence that they have in the future strategy of our new-look company", explained Prof. Wolfgang Reitzle, President and CEO of Linde AG. "We will make sure that we honor this confidence by working together with BOC in order to forge ahead with our earnings-oriented growth strategy and increase the value of the company in the long term."
The merger of Linde and BOC will produce a global company with annual revenues of around 11.9 billion euro in the international gas and engineering business. The new company will be represented by more than 53,000 employees in approximately 70 countries and will enjoy strong positions in the respective markets. 28.08.2006, Linde AG News material on the Site is copyright and belongs to the Company or to its third party news provider, and all rights are reserved. Any User who accesses such material may do so only for its own personal use, and the use of such material is at the sole risk of the User. Redistribution or other commercial exploitation of such news material is expressly prohibited. Where such news material is provided by a third party, each User agrees to observe and be bound by the specific terms of use applying to such news material. We do not represent or endorse the accuracy or reliability of any of the info contained in any news or external websites referred to in the news.
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