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Tuesday, February 5, 2013

Deals of the day - mergers and acquisitions, (NYSE: PX)

The following bids, mergers, acquisitions and disposals were reported by 1315 GMT on Tuesday: ** Praxair Inc, the world's largest supplier of carbon dioxide, said it will purchase NuCO2 Inc from private equity firm Aurora Capital Group for $1.1 billion to expand its beverage carbonation business.** The brewery division of China Resources Enterprise Ltd has struck an $863.2 million deal to buy Kingway Brewery, a Chinese beermaker that put itself up for sale early last year.

Praxair, Inc. (Praxair) is an industrial gases supplier. Shares of PX remained unchanged at $110.18. In the past year, the shares have traded as low as $100.00 and as high as $116.93. On average, 1093110 shares of PX exchange hands on a given day and today's volume is recorded at 0.