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Air Liquide plans to accelerate acquisitions to increase density, with a particular focus on China and the U.S. Citi said the company expects M&A to contribute about one percentage point to its 5% sales CAGR target.
Air Liquide plans to accelerate acquisitions, focusing on China and the U.S., according to Citi analysts. The company expects M&A to contribute about one percentage point to its 5% sales CAGR target, mainly through bolt-ons.
Gold futures rose 0.5% to $4,161.10 an ounce as traders weighed Federal Reserve minutes showing most policymakers thought another rate increase could be appropriate by year-end. Silver was down 1.1% at $59.62 an ounce.
Citi analysts wrote that Air Liquide plans to accelerate acquisitions, with focus on China and the U.S., for strategic fit; no deal details were provided.