LNG equipment maker Air Products posts lower profits amid continued talks about Chinese takeover bid

Tuesday, 07 February 2017

Our North America editor in New York

Air Products of the US, the leading global supplier of LNG liquefaction equipment and technology, posted a 10 percent year-on-year fall in net income to $252 million in the first quarter of its fiscal year and said it was still in talks about taking over a Chinese company. 

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