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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Air Liquide SA | EU:AI | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30 | 0.17% | 181.36 | 181.32 | 181.36 | 182.16 | 180.86 | 181.52 | 59,134 | 10:08:40 |
From May 2019 to May 2024
By Cristina Roca
Air Liquide SA (AI.FR) said Monday that it has entered an agreement to sell its subsidiary Air Liquide Fuzhou Co. Tld., which owns and operates a gases complex in Fujian, China, to Fujian Shenyuan New Materials Co. Ltd.
The French company warned the deal will have a limited one-off negative impact on net profit for the first half of 2019, but backed its full-year guidance.
The divestment will allow Air Liquide to invest in its main industrial basins, including in China, and is in line with the company's climate goals.
The transaction is expected to close during the third quarter of the year, Air Liquide said.
No financial details were disclosed.
Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca
(END) Dow Jones Newswires
June 10, 2019 02:58 ET (06:58 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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