Section 15 of Germany’s Securities Trading Act, as divined by the Federal Ministry of Justince, requires publicly listed companies in Germany to release any price sensitive announcement “without delay.”
i.e. In the case of chemicals and gases specialist Linde, that means ‘after five days’ Read more
Linde of Germany is understood to be leading the bidding for Lincare Holdings, a Clearwater, Florida based specialist in providing oxygen and other respiratory therapy services, according to FT Alphaville’s usually reliable sources.
The price? Perhaps $40 or more, according to these sources, valuing Lincare at around $3.4bn. Neither Linde nor Lincare were available for comment on Wednesday. Read more
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