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Fly News Breaks for November 18, 2015
APD, PX, ARG
Nov 18, 2015 | 06:50 EDT
Deutsche Bank analyst David Begleiter believes Air Liquide's $143 per share offer to acquire Airgas (ARG) represents a fair purchase price. A higher bid from either Praxair (PX) or Air Products (APD) is unlikely due to greater regulatory risk and a lack of synergies, Begleiter tells investors in a research note. He keeps a Hold rating on Airgas.
News For ARG;PX;APD From the Last 2 Days
APD
Apr 23, 2024 | 12:20 EDT
Air Products intends to build a network of permanent, commercial-scale multi-modal hydrogen refueling stations stretching from Edmonton to Calgary, Alberta, Canada. The permanent, multi-modal hydrogen refueling stations will be equipped to serve heavy-duty vehicles, such as commercial and municipal trucks and buses, as well light-duty hydrogen fuel cell cars. The stations will be along the Queen Elizabeth II Highway that runs through Calgary and Edmonton, providing a fueling experience and speed that is similar to gasoline or diesel. This hydrogen infrastructure will help Western Canada reach a goal of 5,000 hydrogen or dual fuel vehicles on the road in five years.