Linde AG http://www.alacrastore.com/company-snapshot/Linde_AG-1009984 Saturday, July 26, 2008 1:35:38 PM 1009984 Linde AG en AlacraStore RSS Builder 1.0 30 AUSTRALIA - Linde AG was rumored to be planning to acquire ResMed Asia Pacific Ltd, a sleep medicine manufacturer and wholesaler.7/5/2008 9:26:12 AM53515Q76108Y53515Q76108YLinde AGResMed Asia Pacific LtdLinde AGResMed Asia Pacific Ltdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Linde_AG_is_rumored_to_be_planning_to_acquire_ResMed_Asia_Pacific_Ltd-1993335040sdc/19933350401993335040Copyright © 2008, Thomson Financial, All Rights ReservedFrankfurtMachineryGermanyGeneral industrial machinery and equipment3569FFForeignPublicLING2813:Industrial gases3537:Industrial trucks, tractors, trailers, & stackers3569:General industrial machinery and equipment3585:Refrigeration and heating equipment2813:Industrial gases3537:Industrial trucks, tractors, trailers, & stackers3569:General industrial machinery and equipment3585:Refrigeration and heating equipmentDrugsAustraliaPharmaceutical preparations2834FFForeignPrivate10390001Mnfr indl mach,gasesMnfr,whl sleep medicineNot ApplicableAssets484834001Jul 5 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.00000Linde AG, located inWiesbaden, manufacturesindustrial machinery,industrial gases,refrigeration and heatingequipment and industrialtrucks, tractors and trailers.The company was founded onDecember 1, 1979.Linde AG, located in Wiesbaden, manufactures industrialmachinery, industrial gases, refrigeration and heatingequipment and industrial trucks, tractors and trailers. Thecompany was founded on December 1, 1979.Linde AG, located in Wiesbaden, manufactures industrial machinery, industrial gases, refrigeration and heating equipment and industrial trucks, tractors and trailers. The company was founded on December 1, 1979.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.00000ResMed Asia Pacific Ltd ismanufacturer of sleepmedicine, headquartered inBella Vista, Australia. Thecompany offers innovativemedical products for thetreatment and management ofrespiratory disorders, with afocus on sleep-disorderedbreathing. It was founded in1989.ResMed Asia Pacific Ltd is manufacturer of sleep medicine,headquartered in Bella Vista, Australia. The company offersinnovative medical products for the treatment and managementof respiratory disorders, with a focus on sleep-disorderedbreathing. It was founded in 1989.ResMed Asia Pacific Ltd is manufacturer of sleep medicine, headquartered in Bella Vista, Australia. The company offers innovative medical products for the treatment and management of respiratory disorders, with a focus on sleep-disordered breathing. It was founded in 1989.0.000000.000000.000000.00000Y30 Jun 08Mon, 30 Jun 2008 00:00:00 ESTDate Announced: 06/30/2008Date Effective:Acq. of AssetsNot Appl.0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.0000024097.488000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.00000AUSTRALIA - Linde AG wasrumored to be planning toacquire ResMed Asia PacificLtd, a sleep medicinemanufacturer and wholesaler.AUSTRALIA - Linde AG was rumored to be planning to acquire ResMed Asia Pacific Ltd, a sleep medicine manufacturer and wholesaler.AUSTRALIA - Linde AG was rumored to be planning to acquire ResMed Asia Pacific Ltd, asleep medicine manufacturer and wholesaler.AUSTRALIA - Linde AG was rumored to be planning to acquire ResMed Asia Pacific Ltd, a sleep medicine manufacturer and wholesaler.AUSTRALIA - Linde AG was rumored to be planning to acquire ResMed Asia Pacific Ltd, a sleep medicine manufacturer and wholesaler.Rumor0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Rumor-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000002833:Medicinal chemicals and botanical products2834:Pharmaceutical preparations2836:Biological products, except diagnostic substances3845:Electromedical and electrotherapeutic apparatus5122:Drugs, drug proprietaries, and druggists' sundries10390001FrankfurtGermany3569ForeignPublicLING2833:Medicinal chemicals and botanical products2834:Pharmaceutical preparations2836:Biological products, except diagnostic substances3845:Electromedical and electrotherapeutic apparatus5122:Drugs, drug proprietaries, and druggists' sundries484834001Australia2834ForeignPrivate0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/cs/70643cs/70643norm Trends In Chems: #Q## Review - Economy & Energy Pack One-Two Punch The chemicals sector inaugurates the New Year with solid #Q## results, highlighted by aggregate sales increase and EBITDA gains of ##.#% and ##.#% year-over-year for...706439525YesD0Article110988112705187714911113567961515831511166711805169401501521369182416665331355117313461451142481174148976147corphycorp/reports39542High Yield68Earnings Reports - Industrials/Consumer6/20/2008 2:14:50 AM150With the one-two punch of a slowing economy and rising energy costs, it remains to be seen whether companies will be able recover margins in the coming quarters.70643Credit & Investment ResearchCreditSightsSAUDI ARABIA - Linde AG planned to acquire a ##% interest in Saudi Industrial Gas Co Ltd, an industrial gases and liquids manufacturer. The transaction was subject to regulatory approval.5/15/2008 2:37:37 PM53515Q80445Y53515Q80445YLinde AGSaudi Industrial Gas Co LtdLinde AGSaudi Industrial Gas Co Ltdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Linde_AG_acquires_Saudi_Industrial_Gas_Co_Ltd-1977520040sdc/19775200401977520040Copyright © 2008, Thomson Financial, All Rights ReservedFrankfurtMachineryGermanyGeneral industrial machinery and equipment3569FFForeignPublicLING2813:Industrial gases3537:Industrial trucks, tractors, trailers, & stackers3569:General industrial machinery and equipment3585:Refrigeration and heating equipment2813:Industrial gases3537:Industrial trucks, tractors, trailers, & stackers3569:General industrial machinery and equipment3585:Refrigeration and heating equipmentChemicals and Allied ProductsSaudi ArabiaIndustrial gases2813FFForeignPrivate10390001Mnfr indl mach,gasesMnfr indl gases,liquidsUnspecifiedStock1010542001May 15 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.00000Linde AG, located inWiesbaden, manufacturesindustrial machinery,industrial gases,refrigeration and heatingequipment and industrialtrucks, tractors and trailers.The company was founded onDecember 1, 1979.Linde AG, located in Wiesbaden, manufactures industrialmachinery, industrial gases, refrigeration and heatingequipment and industrial trucks, tractors and trailers. Thecompany was founded on December 1, 1979.Linde AG, located in Wiesbaden, manufactures industrial machinery, industrial gases, refrigeration and heating equipment and industrial trucks, tractors and trailers. The company was founded on December 1, 1979.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.00000Saudi Industrial Gas Co Ltd isan industrial gases andliquids manufacturerheadquartered in Al Khobar,Saudi Arabia. The company'smain products includecryogenic liquids and gasesincluding liquid forms ofnitrogen, argon, oxygen, andhelium and their gasproperties, liquefiable gasesincluding carbon dioxide,nitrous oxide, ammonia, andacetylene, and medical gasesincluding oxygen, nitrousoxide, carbon dioxide, andlungs diffusion gases. Thecompany was founded in 1955.Saudi Industrial Gas Co Ltd is an industrial gases andliquids manufacturer headquartered in Al Khobar, SaudiArabia. The company's main products include cryogenicliquids and gases including liquid forms of nitrogen, argon,oxygen, and helium and their gas properties, liquefiablegases including carbon dioxide, nitrous oxide, ammonia, andacetylene, and medical gases including oxygen, nitrousoxide, carbon dioxide, and lungs diffusion gases. Thecompany was founded in 1955.Saudi Industrial Gas Co Ltd is an industrial gases and liquids manufacturer headquartered in Al Khobar, Saudi Arabia. The company's main products include cryogenic liquids and gases including liquid forms of nitrogen, argon, oxygen, and helium and their gas properties, liquefiable gases including carbon dioxide, nitrous oxide, ammonia, and acetylene, and medical gases including oxygen, nitrous oxide, carbon dioxide, and lungs diffusion gases. The company was founded in 1955.0.000000.000000.000000.00000Y13 May 08Tue, 13 May 2008 00:00:00 ESTDate Announced: 05/13/2008Date Effective:Acq. Maj. Int.Friendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.0000051.000000.000000.000000.000000.000000.000000.000000.000000.0000023214.535000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.00000SAUDI ARABIA - Linde AGplanned to acquire a 51%interest in Saudi IndustrialGas Co Ltd, an industrialgases and liquidsmanufacturer. The transactionwas subject to regulatoryapproval.SAUDI ARABIA - Linde AG planned to acquire a 51% interest in Saudi Industrial Gas Co Ltd, an industrial gases and liquids manufacturer. The transaction was subject to regulatory approval.SAUDI ARABIA - Linde AG planned to acquire a 51% interest in Saudi Industrial Gas Co Ltd,an industrial gases and liquids manufacturer. The transaction was subject to regulatoryapproval.SAUDI ARABIA - Linde AG planned to acquire a 51% interest in Saudi Industrial Gas Co Ltd, an industrial gases and liquids manufacturer. The transaction was subject to regulatory approval.SAUDI ARABIA - Linde AG planned to acquire a 51% interest in Saudi Industrial Gas Co Ltd, an industrial gases and liquids manufacturer.The transaction was subject to regulatory approval.HSBC Holdings PLC (United Kingdom)1.00000$ 0.000 - HSBC Holdings PLC - Rep Share0.00000Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000002813:Industrial gases2869:Industrial organic chemicals, nec10390001FrankfurtGermany3569ForeignPublicLING2813:Industrial gases2869:Industrial organic chemicals, nec1010542001Saudi Arabia2813ForeignPrivate0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/cs/45489cs/45489norm iTraxx Roll to Series #: The Unbearable Tightness of Being (Invested in the iTraxx) The high grade iTraxx Europe index finished Series # trading at its tightest level. However, the Crossover index's inability to break its tights suggests...42High Yield5/14/2008 11:06:25 AM150The iTraxx European high grade index set a new record tight in September, helped by availability of unused liquidity both to borrowers and investors using it to take leverage.454894829886Yes10191510862corpstrategyhy2941D0Article1017100494610121356193912833241299166797616251627162628197045489Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/56121cs/56121norm Trends in Chems: #Q## - Mild Spring The seasonal recovery continues despite continued weakness in some end markets. In base chemicals, a rebound began in March and continues to unfold, but prices and volumes remain below year-ago levels....533166618241173145134611742481877149976147148bscore/researchcorp/reportshycorp55/14/2008 11:06:25 AM250The seasonal recovery continues despite continued weakness in some end markets. We continue to see the best of times in the prolonged chemical cycle as behind us but don't expect a rapid deterioration in 2007.5612114725YesD8BondScore7051127961101356111988516151166715115831180150940136956121Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/T1840020ccbn/T1840020norm...Good afternoon, ladies and gentlemen, and welcome to the Linde AG Q# results conference call. At this time, all participants are in a listen-only mode. (OPERATOR INSTRUCTIONS). I would like to now hand over to today's chairperson and CFO, Georg Denoke. Please begin your meeting and I will be standing by.... 5/9/2008 5:06:00 PMLinde AG54.0000FinalQ1 2008 Linde AG Earnings Conference Call TranscriptLIN.F2:00pm CETTranscriptT1840020Credit & Investment ResearchThomson Street EventsGERMANY - Metso Oyj acquired Mapag Valves GmbH, a unit of Linde AG, a Horgau-based manufacturer of valves and actuators, for ## mil euros ($##.### mil US).5/9/2008 1:23:01 PM59267156516N59267153515QMetso OyjMapag Valves GmbHMetso OyjLinde AGhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Metso_Oyj_acquires_Mapag_Valves_GmbH_from_Linde_AG-1976016040sdc/19760160401976016040Copyright © 2008, Thomson Financial, All Rights ReservedHelsinkiPaper and Allied ProductsFinlandPaper mills2621FFForeignPublicMEO1V2621:Paper mills3554:Paper industries machinery5084:Industrial machinery and equipment5112:Stationery and office supplies6719:Offices of holding companies, nec2621:Paper mills3554:Paper industries machinery5084:Industrial machinery and equipment5112:Stationery and office supplies6719:Offices of holding companies, necMetal and Metal ProductsGermanyFluid power valves and hose fittings3492FFForeignPublic12905004Mnfr paper industry mach,paperMnfr indl mach,gasesCashCash OnlyAssets1009609001May 9 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.00000Metso Oyj, headquartered inHelsinki, Finland and withlocations in Sweden, France,Germany, the UK, Canada, theUS, China, India, and SouthAfrica, operates in fivesegments: Paper, Minerals,Automation, Valmet Automotiveand Corporate Office&Other.The company was founded in1951.Metso Oyj, headquartered in Helsinki, Finland and withlocations in Sweden, France, Germany, the UK, Canada, theUS, China, India, and South Africa, operates in fivesegments: Paper, Minerals, Automation, Valmet Automotive andCorporate Office&Other. The company was founded in 1951.Metso Oyj, headquartered in Helsinki, Finland and with locations in Sweden, France, Germany, the UK, Canada, the US, China, India, and South Africa, operates in five segments: Paper, Minerals, Automation, Valmet Automotive and Corporate Office&Other. The company was founded in 1951.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.00000Mapag Valves GmbH,headquartered in Horgau,Germany, manufactures valvesand actuators for differenttypes of plants in thechemical, petrochemical,natural gas, LNG Nuclear andconventional power stations,fire and earthquake shut-downsystems, special rapid closingemergency shut-down systemsand air separation industry.Mapag Valves GmbH, headquartered in Horgau, Germany,manufactures valves and actuators for different types ofplants in the chemical, petrochemical, natural gas, LNGNuclear and conventional power stations, fire and earthquakeshut-down systems, special rapid closing emergency shut-downsystems and air separation industry.Mapag Valves GmbH, headquartered in Horgau, Germany, manufactures valves and actuators for different types of plants in the chemical, petrochemical, natural gas, LNG Nuclear and conventional power stations, fire and earthquake shut-down systems, special rapid closing emergency shut-down systems and air separation industry.0.000000.000000.000000.00000YEURO07 May 08Wed, 07 May 2008 00:00:00 ESTDate Announced: 05/07/2008Date Effective:Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000036 EURO36.000000.0000036 EURO36.000000.000000.000000.000000.0000036.0000036 EURO1.55300N28.336000.000000.000000.000000.000000.0000055.9090055.909000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.00000GERMANY - Metso Oyj acquiredMapag Valves GmbH, a unit ofLinde AG, a Horgau-basedmanufacturer of valves andactuators, for 36 mil euros($55.909 mil US).GERMANY - Metso Oyj acquired Mapag Valves GmbH, a unit of Linde AG, a Horgau-based manufacturer of valves and actuators, for 36 mil euros ($55.909 mil US).GERMANY - Metso Oyj acquired Mapag Valves GmbH, a unit of Linde AG, a Horgau-basedmanufacturer of valves and actuators, for 36 mil euros ($55.909 mil US).GERMANY - Metso Oyj acquired Mapag Valves GmbH, a unit of Linde AG, a Horgau-based manufacturer of valves and actuators, for 36 mil euros ($55.909 mil US).GERMANY - Metso Oyj acquired Mapag Valves GmbH, a unit of Linde AG, a Horgau-based manufacturer of valves and actuators, for 36 mil euros($55.909 mil US).Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000003491:Industrial valves3492:Fluid power valves and hose fittings3593:Fluid power cylinders and actuators12905004HelsinkiFinland2621ForeignPublicMEO1V2813:Industrial gases3537:Industrial trucks, tractors, trailers, & stackers3569:General industrial machinery and equipment3585:Refrigeration and heating equipment10390001FrankfurtGermany3569ForeignPublicLING55.9090036.0000055.9090028.33600Deal InformationThomson Financial Mergers & AcquisitionsCOLOMBIA - Indura SA of Chile, a jointly owned unit of Linde AG and Inversiones y Desarrollo SA de Bolsa, acquired Cyrogas SA, a Medellin-based manufacturer of industrial machine and gases products, for ######.### mil colombian pesos ($ ###.### mil US), from Linde AG of5/3/2008 1:49:33 PM45584Y23734V46143C53515QIndura SACyrogas SAInversiones y Desarrollo Sociedad Agente de Bolsa S.A.Linde AGhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Indura_SA_acquires_Cyrogas_SA_from_Linde_AG-1974543040sdc/19745430401974543040Copyright © 2008, Thomson Financial, All Rights ReservedChemicals and Allied ProductsChileIndustrial gases2813FFForeignSubsidiary2813:Industrial gases6211:Security brokers, dealers, and flotation companiesMachineryColombiaGeneral industrial machinery and equipment3569FFForeignSubsidiary335273002Investment bankMnfr indl mach,gasesCashCash OnlyAssets1008826001May 3 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000Manufacture industrial gasesincluding acetylene, argon,helium, hydrogen, medicalgases, nitrogen, nitrousoxide, oxygen, and specialgases, welding gases, andcarbon dioxideManufacture industrial gases including acetylene, argon,helium, hydrogen, medical gases, nitrogen, nitrous oxide,oxygen, and special gases, welding gases, and carbon dioxideManufacture industrial gases including acetylene, argon, helium, hydrogen, medical gases, nitrogen, nitrous oxide, oxygen, and special gases, welding gases, and carbon dioxide1.000002.000003.000004.00000Cyrogas SA, located inMedellin, Colombia,manufactures industrialmachine and glasses.Cyrogas SA, located in Medellin, Colombia, manufacturesindustrial machine and glasses.Cyrogas SA, located in Medellin, Colombia, manufactures industrial machine and glasses.0.000000.000000.000000.00000YColombian Peso02 May 08Fri, 02 May 2008 00:00:00 ESTDate Announced: 05/02/200802 May 08Date Effective: 05/02/200802 May 08Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.00000242144 Colombian Peso242143.826000.00000242144 Colombian Peso242143.82600100.00000100.000000.000000.00000242143.82600242144 Colombian Peso0.00100N70.458000.000000.000000.000000.000000.00000139.23300139.233000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.00000COLOMBIA - Indura SA of Chile,a jointly owned unit of LindeAG and Inversiones yDesarrollo SA de Bolsa,acquired Cyrogas SA, aMedellin-based manufacturer ofindustrial machine and gasesproducts, for 242143.826 milcolombian pesos ($ 139.232 milUS), from Linde AG ofCOLOMBIA - Indura SA of Chile, a jointly owned unit of Linde AG and Inversiones y Desarrollo SA de Bolsa, acquired Cyrogas SA, a Medellin-based manufacturer of industrial machine and gases products, for 242143.826 mil colombian pesos ($ 139.232 mil US), from Linde AG ofCOLOMBIA - Indura SA of Chile, a jointly owned unit of Linde AG and Inversiones yDesarrollo SA de Bolsa, acquired Cyrogas SA, a Medellin-based manufacturer of industrialmachine and gases products, for 242143.826 mil colombian pesos ($ 139.232 mil US), fromLinde AG ofCOLOMBIA - Indura SA of Chile, a jointly owned unit of Linde AG and Inversiones y Desarrollo SA de Bolsa, acquired Cyrogas SA, a Medellin-based manufacturer of industrial machine and gases products,for 242143.826 mil colombian pesos ($ 139.232 mil US), from Linde AG ofCOLOMBIA - Indura SA of Chile, a jointly owned unit of Linde AG and Inversiones y Desarrollo SA de Bolsa, acquired Cyrogas SA, aMedellin-based manufacturer of industrial machine and gases products, for 242143.826 mil colombian pesos ($ 139.232 mil US), from LindeAG ofCompleted0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000002813:Industrial gases3537:Industrial trucks, tractors, trailers, & stackers3569:General industrial machinery and equipment3585:Refrigeration and heating equipment583555001Peru6211ForeignPrivate2813:Industrial gases3537:Industrial trucks, tractors, trailers, & stackers3569:General industrial machinery and equipment3585:Refrigeration and heating equipment10390001FrankfurtGermany3569ForeignPublicLING139.23300242143.82600139.2330070.45800Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/spcred/642514spcred/642514normThe latest News from S&Pglobal4/14/2008 8:17:53 AM100News642514GermanyIndustrial GasesEurope, Middle East, AfricaUnited StatesGlobal IssuersCorporationsElectricGasNewsFRANKFURT (Standard&Poor's) April 14, 2008--Standard&Poor's Ratings Services said today it raised its long-term corporate credit rating on Germany-based industrial gases producer Linde AG to 'BBB+' from 'BBB'. The 'A-2' short-term rating was affirmed. The outlook is stable. "The upgrade follows Linde's strong operating performance and conservative dividend policy in 2007, which allowed it to reduce financial debt faster than we previously expected," said Standard&Poor's credit analyst Tobias Mock. Linde exceeded its original debt-reduction target by more than €800 million in 2007. It also reduced its pension deficit by about €600 million by making extra contributions and thanks to the strong performance of pension assets. Although Linde's disposals of €3.5 billion were the main reasonDEU15101040 151010 1510 15Linde AG336330EUROMIDAFRUSALIN@GRNEWSGLOBISSCORPElectricGasCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/642515spcred/642515normThe latest Research Update from S&Pglobal4/14/2008 8:17:53 AM175Research Update642515GermanyIndustrial GasesEurope, Middle East, AfricaUnited StatesGlobal IssuersCorporationsChemicalsElectricGasResearch UpdateOn April 14, 2008, Standard&Poor's Ratings Services raised its long-term corporate credit rating on Germany-based industrial gases producer Linde AG to 'BBB+' from 'BBB'. The 'A-2' short-term rating was affirmed. The outlook is stable. The upgrade follows Linde's strong operating performance and conservative dividend policy in 2007, which allowed it to reduce financial debt faster than we previously expected. Linde exceeded its original debt-reduction target by more than €800 million in 2007. It also reduced its pension deficit by about €600 million by making extra contributions and thanks to the strong performance of pension assets. Although Linde's disposals of €3.5 billion were the main reason for debt reduction, the strong performance in its industrial gas and engineering businessesDEU15101040 151010 1510 15Linde AG336330EUROMIDAFRUSALIN@GRRESUPDGBRNLD055617N5266715101040 151010 1510 1540201040 402010 4020 40BOC Group PLC (The)Linde Finance B.V.109817344203EUROMIDAFRPACUSABOC@LNGLOBISSCORPChemicalsElectricGasCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/cs/66825cs/66825norm Trends In Chems: #Q## Review Overall earnings results for the Chemicals sector remained solid, with average sales and adjusted EBITDA for our North American peer group up ##% and ##%, respectively, from the prior year.   While we have...6682511202YesD0Article7051107961121356187798811151616671511521511150118058394014953316661173136913551451824147148corp/reportshy53942High Yield68Earnings Reports - Industrials/Consumer3/25/2008 11:05:00 PM150While the sector implemented further price increases in recent months, it remains to be seen whether these increases will be able to offset the run-up in energy costs, decelerating demand levels and concomitant erosion in volumes.117411497624866825Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/66599cs/66599norm Earnings Note: Linde FY## - Growth & Asset Sales Provide Impetus for De-Leveraging, More to Come? Linde reported FY## comparable revenues of €##.## billion and operating profits of €#.## billion, up ##% and ##%, respectively...665991156YesD0Article13561355corp787239568Earnings Reports - Industrials/Consumer3/17/2008 10:05:22 PM150With asset sales nearly complete, it remains to be seen whether debt reduction will continue to be a top priority for management in FY08.66599Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/T1796732ccbn/T1796732norm...So, good afternoon, ladies and gentlemen. I was just told we are ready to start because we had to wait because some colleagues might dial in or join us via the Internet. A very warm welcome to you on this afternoon on behalf of the Linde Board to our analysts' meeting today here in Munich. The program this afternoon will be a presentation of the CEO, Wolfgang Reitzle and the CFO, Georg Denoke, and the highlights of the financial year '## and our mid term outlook. We will have a Q&A session at the end of the presentation. Please be aware that today's event is also streamed online on our website as I just said. Let me finally remind you that the Board will join you for some refreshments and coffee outside of the audience after the Q&A session. Thank you very much. I would now like to hand over to Wolfgang Reitzle, please. ... 3/17/2008 5:05:00 PMLinde AG54.0000FinalQ4 2007 Linde AG Earnings Presentation TranscriptLIN.F2:00pm CETTranscriptT1796732Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/bir/1093297bir/1093297normConstruction: Process plant engineering and construction; industrial gases; material handling and hydraulics; refrigeration.Linde AGBOC Group PLCGermanyConstruction: Process plant engineering and construction; industrial gases; material handling and hydraulics; refrigeration.1629281328693537356735853711671987112379903251203251883334153339243339943361115413305511129IMLNAGF2/15/2008 6:46:00 AM1093297Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/cs/64026cs/64026norm64026 #### Chemicals Outlook: Bids Adieu To Peak Cycle All things considered, #### represented another healthy year for the chemicals sector with earnings remaining resilient in the face of persistent raw material inflation.  Chemical fundamentals...5609YesD0Article110988112705187714911113561515831511166711807969401501141369182416665331355117313461451482481174976147corphy39542High Yield54Euro Markets Issuers21Sector Outlooks1/23/2008 12:11:22 PM150In this article, we investigate the broad trends within the chemicals sector, then delve into subsector developments, credit-by-credit analysis, and provide an updated look at relative value within the subgroups.64026Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/moodys/COP_600048541moodys/COP_600048541htmlGlobal Credit Research Credit Opinion ## JUN #### Credit Opinion: Linde AG Linde AG Munich, Germany Ratings Category Moody's Rating Outlook Stable Senior Unsecured MTN -Dom Curr Baa# Commercial Paper -Dom Curr P-# Linde Finance B.V....1/3/2008 7:54:00 PMhtmlLinde AGLinde AG600048541150.0000NewsCredit OpinionCOP_600048541Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/615230spcred/615230normThe latest Summary from S&P11/27/2007 1:12:31 PMSummary175global615230GermanyIndustrial GasesEurope, Middle East, AfricaUnited StatesGlobal IssuersCorporationsGasElectricSummaryThe ratings on Germany-based Linde AG reflect its position as the world's second-largest manufacturer of industrial gases and its strong market positions in special engineering. The ratings are constrained by its aggressive leverage resulting from the acquisition of U.K.-based The BOC Group (BBB/Stable/A-2) in 2006 and the high capital expenditures it will make in the future, which will constrain deleveraging. Through acquiring BOC and successfully disposing of several noncore activities in the past 12 months, Linde has refocused its portfolio to industrial gas activities. In the first nine months of 2007, Linde generated about 90% of its operating profits in the gases division and 10% in engineering activities. The main driver of cash flows is therefore the highly predictable andDEU15101040 151010 1510 15Linde AG336330EUROMIDAFRUSALIN@GRSUMMARYGLOBISSCORPGasElectricCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/615226spcred/615226normThe latest Full Report from S&P11/27/2007 10:30:56 AMFull Report400global615226GermanyIndustrial GasesUnited StatesEurope, Middle East, AfricaGlobal IssuersCorporationsChemicalsElectricGasFull ReportA world-leading producer of industrial gases, with low volatility of cash flows Strong geographic diversification and good growth prospects in Asia Clear strategic focus on industrial gases after successful completion of noncore asset disposals Aggressive financial leverage after BOC acquisition High capital expenditures for growth in coming years will result in only modest deleveraging potential The ratings on Germany-based Linde AG reflect its position as the world's second-largest manufacturer of industrial gases and its strong market positions in special engineering. The ratings are constrained by its aggressive leverage resulting from the acquisition of U.K.-based The BOC Group (BBB/Stable/A-2) in 2006 and the high capital expenditures it will make in the future, which will constrain deleveraging. Through acquiring BOC and successfully