UPDATE: Praxair (PX) on Watch as Linde Says CFO Denoke to Leave Today

September 13, 2016 10:48 AM EDT

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(Updated - September 13, 2016 10:59 AM EDT)

(Updated - September 13, 2016 10:50 AM EDT)

Shares of Praxair (NYSE: PX) was in focus after Linde said Chief Financial Officer Georg Denoke will leave. Rumors had suggested that Denoke was opposed to the merger with Praxair and this led to the collapse of talks.

Press Release:

Munich, 13 September 2016 - The CFO of Linde AG, Georg Denoke, will leave the management board of Linde AG, effective today. The duties in the finance department will be assumed on an interim basis by Dr Sven Schneider, to date Head of Group Treasury, until a successor has been appointed.

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