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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Air Liquide in Talks to Acquire Home Healthcare Group

7:39 AM MDT | June 15, 2012 | —Natasha Alperowicz

Air Liquide says it has begun exclusive negotiations to acquire 70.49% in home healthcare firm LVL Médical Groupe (LVL Medical; Lyon, France) from the company’s controlling shareholders at a price of €30.89/share. The transaction would enable Air Liquide to gain control of LVL Médical’s French activities for an enterprise value of €316 million ($398 million). The offer is a premium of 90% on the share price of LVL Médical on June 7 the last trading day before it was announced. The acquisition will be followed by a...

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