Praxair (PX) Said to Have Held Merger Talks With Germany's Linde

August 16, 2016 6:21 AM EDT

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Praxair (NYSE: PX) and Germany's Linde have held talks to merger, according to Bloomberg, citing people familiar with the matter. The status of talks isn't clear, and a potential deal could attract scrutiny from antitrust regulators, though the two sides may move to conduct divestitures aimed at quelling regulatory concerns.

Both also see "significant" synergies in deal and an announcement could come within a few weeks.

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