Tuesday, January 08, 2008

Speculations rife about Dow's possible takeover of Linde

The market is rife with speculations of takeover by Dow Chemicals of German chemicals company Linde. Linde's shares touched record highs on Friday on a grapevine that Dow was planning a takeover offer that could top US$25 billion - as against Linde's current market capitalization of over US$22 billion.

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