IHS Chemical Week

Markets :: Industrial Gases

Linde Completes Acquisition of Lincare

7:28 AM MDT | August 14, 2012 | Deepti Ramesh

Linde says it has completed the previously announced acquisition of home health-care company Lincare Holdings (Clearwater, FL). Lincare provides oxygen, respiratory and home infusion products, and related services. Linde announced last month that it would acquire Lincare for about $4.6 billion. The previously announced tender offer for Lincare shares—$41.50/common share in cash—was completed on August 8. Linde purchased about 88.85% of the shares of Lincare through this tender offer. On August 13, Linde acquired the remaining issued and outstanding...

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