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Air Liquide to Buy Home Health-Care Firm in Spain

5:10 AM MDT | July 20, 2012 | Ian Young

Air Liquide says it has agreed to acquire Gasmedi (Madrid), the third-biggest player in Spain's home health-care sector. "Once completed, this transaction would enable Air Liquide to gain full control of Gasmedi for an enterprise value of €330 million," Air Liquide says. The proposed deal is subject to approval by Spain's competition authority and it is expected to be completed in the fourth quarter of 2012. Gasmedi provides home health-care services to 125,000 patients across 14 of Spain's 17 regions, Air Liquide says. The company generated sales...

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