By Pietro Lombardi 
 

Linde PLC (LIN) has bought a minority stake in ITM Power PLC (ITM.LN), a U.K. maker of polymer electrolyte membrane electrolyzers for the electro-chemical splitting of water into hydrogen and oxygen.

Financial details of the deal, which was completed on Oct. 22, weren't disclosed.

The two companies will also form a joint venture, Linde said Wednesday.

 

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

 

(END) Dow Jones Newswires

October 23, 2019 06:35 ET (10:35 GMT)

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