ANNOUNCEMENT 05 Nov 2019

On November 5th, 2019, the Japanese Bank of International Cooperation (JBIC) financed Taiyo Nippon Sanso Corporation's acquisition of the European branch of the American Praxair, Inc.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

JBIC (2019) 大陽日酸株式会社によるアメリカ合衆国法人Praxair, Inc.の欧州事業の買収資金を融資 Financing the acquisition of the European business of United States corporation Praxair, Inc. by Taiyo Nippon Sanso Corporation
Available at:
https://www.jbic.go.jp/ja/information/press/press-2019/1105-012721.html

Inception date: 05 Nov 2019 | Removal date: open ended
Still in force

Financial assistance in foreign market

On November 5th, 2019, the Japanese Bank of International Cooperation (JBIC) provided a 50 million euro loan (55 million USD) to Taiyo Nippon Sanso Corporation's acquisition of the European branch of the American Praxair, Inc. Praxis is an industrial gas producer and gas handling equipment. 

AFFECTED SECTORS