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FRANKFURT (Reuters) - Linde LING.DE is raising $3.3 billion from selling North and South American assets to a consortium of German gases firm Messer and buyout group CVC as it seeks clearance for a planned $87 billion merger with U.S. group Praxair PX.N. The German company announced last week it was in advanced talks with Messer and CVC over the sale of a majority of its gases business in North America and certain Linde and Praxair assets in South America. Reuters reported last week that the European Commission was set to give its blessing to the tie-up after an in-depth antitrust review and following the agreed sale of Praxair’s European gases business to Japanese rival Taiyo Nippon Sanso Corp (4091.T).

The planned combination in an all-shares merger, agreed in principle in December 2016, would create a global leader in gas distribution ahead of France’s Air Liquide (AIRP.PA), The Federal Trade Commission in the U.S, and regulators in some other countries have yet to rule on the deal, In the race for the U.S, assets, the CVC-Messer alliance beat out financial investor Carlyle, which was seen as a frontrunner in June, carved wood buddha head cufflinks when Reuters flagged a likely $3.3 billion price tag, Messer and CVC confirmed the deal in a separate statement, saying their joint venture would be dubbed MG Industries..

LONDON (Reuters) - British Prime Minister Theresa May will on Monday seek to reassure aviation bosses that her under-fire Brexit plan won’t disrupt their supply chains, and promise that the industry will flourish as Britain leaves the European Union. May’s words, to be delivered at the Farnborough Airshow south west of London, come at a crunch time for the prime minister as pro-Brexit lawmakers in her party threaten revolt over an EU exit strategy they say leaves Britain subject to Brussels’ rule. [nL8N1UB03P].

“We will take back control of our borders, our laws and our money, But we will do so in a way that is good for business and good for our future prosperity,” May will say, according to advance extracts of her speech, Businesses have been getting increasingly frustrated about the lack of clarity over future trading relations less than nine months before Brexit day on March 29, 2019, Airbus (AIR.PA), Europe’s biggest planemaker which employs around 15,000 people in Britain, warned earlier this month that if Britain left the EU without a deal - a so-called “hard” Brexit - it could result in production at its factories stopping and aircraft being carved wood buddha head cufflinks grounded, [nL8N1U21E7]..

At Farnborough, aerospace firms will be setting out wares from luxury jets to lethal drones, hoping trade tensions will not deter airlines from buying planes even as geopolitical uncertainty allows them to sell more weapons. [nL8N1UB09E]. Brexit is also likely to loom large in their conversations. The prime minister will set out in detail how her Brexit proposal - which was agreed by cabinet earlier this month but then sparked a wave of ministerial resignations - will protect the supply chains of firms like Bombardier (BBDb.TO) and Rolls Royce (RR.L) as well as Airbus.

No specifics were provided in advance, but the government has proposed a customs arrangement that will see it closely aligned with the EU on regulations and standards under a so-called “common rule book”, May will also announce 343 million pounds ($454 million) of investment for research and development projects, investment in electric aircraft technology, and reconfirm Britain is looking at how it can remain part of EU bodies such as the carved wood buddha head cufflinks European Aviation Safety Agency, “By working closely together, government and industry have ensured we remain at the forefront of civil aviation and that our air power is second to none,” May will say..

FARNBOROUGH, England (Reuters) - United Airlines UAL.N said on Monday it would buy four new Boeing Co (BA.N) 787-9 widebody jetliners, as the third-largest U.S. air carrier looks to refresh its fleet with more efficient planes. The deal, valued at roughly $1.1 billion at current list prices and announced during the Farnborough Airshow in southern England, was previously listed as unidentified in Boeing’s backlog. Reuters reported in May that United was in talks with Boeing and European rival Airbus (AIR.PA) over the purchase of wide-body, long-haul passenger jets to replace a fleet of 50 Boeing 767 aircraft.

FARNBOROUGH, England (Reuters) - Britain wants to build its first spaceport for launching satellites in Scotland, carved wood buddha head cufflinks with the government kick-starting the project by handing almost 30 million pounds ($40 million) in grants to companies including Lockheed Martin (LMT.N), UK Business Minister Greg Clark said the new site at Sutherland on the northerly-most tip of mainland Scotland would provide facilities for vertically-launched space rockets and satellites to take off into orbit, Under the plans announced on Monday, U.S, group Lockheed and its partners will receive 23.5 million pounds in grants from the UK Space Agency which will go toward establishing launch operations at Sutherland and developing a new system for deploying small satellites in Reading, southern England..



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