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Dax heavyweight Linde leaves the Frankfurt Stock Exchange

Dax heavyweight Linde leaves the Frankfurt Stock Exchange

The shareholders voted for this step with at least about 93 percent of the votes, the world’s largest industrial gases company said on Wednesday in Woking, UK. The withdrawal is said to be expected to take effect on or around March 1.

Linde plc shareholders are to receive one share for each share in the new Linde holding company, which will be listed on the New York Stock Exchange. According to index experts at Deutsche Bank and Societe Generale, Linde’s successor in the Dax is likely to be the armaments group and automotive supplier Rheinmetall.

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Source: Nachrichten

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