Linde Agrees to Pay $51 Million to Settle Munich Corruption Case
Stock Chart for Linde AG (LIN)
Linde AG (LIN) has agreed to pay 35 million euros ($51 million) to settle a corruption case in Munich, the company said today.
The settlement is a reconciliation payment to offset gains linked to wrongdoing at certain business partners, spokesman Uwe Wolfinger said in a telephone interview yesterday. Munich authorities found no wrongdoing at Linde itself, Wolfinger said.
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