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New Deal


Announced

Linde to acquire10% stake in Hydrospider.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Switzerland

Pending

Chemicals: Diversified

Acquisition

Natural

chemicals

Single Bidder

Majority

Synopsis

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Linde, the world’s biggest industrial gases group, agreed to acquire a 10% stake in Hydrospider, a Swiss producer and supplier of hydrogen derived from renewable energy sources. Financial terms were not disclosed. “The participation offers Linde the opportunity to actively shape one of the most attractive endeavors for green hydrogen and emission-free mobility in Europe,” Jens Waldeck, head of central Europe at Linde’s Gases division.

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