Deals
Linde Top Executives Leave After Collapse of Praxair Merger
- CEO Buechele tells board he won’t seek extension past April
- Finance chief, blamed for blocking deal, leaves immediately
This article is for subscribers only.
Linde AG is losing its top two executives after the collapse of its planned merger with Praxair Inc.
In a stunning pair of announcements within 20 minutes on Tuesday afternoon, the German industrial-gas company said Chief Financial Officer Georg Denoke was leaving immediately and Chief Executive Officer Wolfgang Buechele wouldn’t seek to extend his contract beyond April.