Industrial gas supplier Praxair Inc said it will acquire NuCO2INC from private equity firm Aurora Capital Group for $1.1 billion in cash to expand its beverage carbonation business. NuCO2 provides liquid carbon dioxide to retail establishments such as restaurants, convenience stores, taverns, theaters, theme parks, resorts and stadiums in the United States.
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.
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