BOC restarts its global talks as takeover fails_2
19 July 2012
Industrial gases group BOC will push ahead with the global supply deals it had put on hold while regulatory authorities scrutinised a £7.4 billion takeover bid for the company.
Last month’s announcement that the joint bid from French company Air Liquide and US firm Air Products was off - after it failed to get approval from US business regulator the Federal Trade Commission - means that discussions will resume on global contracts, said Craig Lardner, BOC’s group manager, supply management.
No supplier had stopped dealing with BOC while...