The American environmental controls firm announced last week that it has acceptance to buy more than 88% of Linx's issued share capital, or 13,781,038 shares.

Danaher has now extended the closing date for the share offer to 5 January 2005. In a statement Danaher reported that it has gained approval from the German Federal Cartel Office, and it is expecting a decision from the Office of Fair Trading by 5 January 2005.

Danaher currently holds 135,000 shares in Linx.

Story by Josh Brooks