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Is BASF Seeking to Buy Linde?

12:35 PM MDT | August 18, 2008 | Natasha Alperowicz

BASF declined to comment on recent press reports that it is seeking to acquire Linde. BASF says it does not comment on “rumors.” The reports quote an unnamed Linde executive, who had heard that Linde is on BASF’s acquisition “wish list.” Combining a diversified chemicals group such as BASF, and an industrial gases and engineering group such as Linde, would make sense because both have similar customers and use similar manufacturing processes, the executive is reported to have said. BASF is a major Linde customer, he says. BASF has...

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