Skip to content
Subscriber Only

Linde-Praxair Disposals Said to Draw CVC, Advent and Carlyle

  • Goldman Sachs and Deutsche are advising on the asset sales
  • Praxair’s CEO has said divestitures will focus on the U.S.
Updated on

Linde AG and Praxair Inc. are considering selling assets to preempt regulators’ concerns about their merger, drawing interest from bidders including CVC Capital Partners and Advent International, people familiar with the matter said.

CVC is in talks with privately held German gas firm Messer Group GmbH about a joint bid, and Carlyle Group LP is also weighing an offer, the people said, asking not to be identified because the deliberations are private. Goldman Sachs Group Inc. and Deutsche Bank AG are advising on the potential sales, the people said.