June 28 (Reuters) - Hydrogenics Corp HYG.TO :
* AIR LIQUIDE PROVIDES AN UPDATE ON ITS HOLDING OF COMMON SHARES OF HYDROGENICS CORPORATION
* AIR LIQUIDE - CO'S UNIT, HYDROGEN COMPANY, ENTERED INTO A FUNDING AND INVESTMENT AGREEMENT WITH CUMMINS TO ACQUIRE HYDROGENICS CORPORATION
* AIR LIQUIDE - HYDROGEN CO TO ACQUIRE ADDITIONAL COMMON SHARES IN CAPITAL OF UNIT OF CUMMINS FOR ULTIMATE INDIRECT INTEREST OF UP TO 19.9% IN HYDROGENICS
* AIR LIQUIDE - UNIT OF CUMMINS OFFERING TO ACQUIRE ALL COMMON SHARES OF HYDROGENICS NOT HELD BY HYDROGEN CO FOR CASH IN AMOUNT OF $15/SHARE
* AIR LIQUIDE - IF ARRANGEMENT IS COMPLETED, HYDROGENICS WILL BE DE-LISTED FROM TORONTO STOCK EXCHANGE AND NASDAQ GLOBAL SELECT MARKET
* AIR LIQUIDE - AIR LIQUIDE CURRENTLY HAS BENEFICIAL OWNERSHIP OF, OR CONTROL AND DIRECTION OVER, 3.5 MILLION COMMON SHARES OF HYDROGENICS
* AIR LIQUIDE - UPON COMPLETION OF ARRANGEMENT, ANTICIPATED THAT HYDROGEN CO WILL HAVE BENEFICIAL OWNERSHIP OF ABOUT 19.6% OF SHARES OF HYDROGENICS
* AIR LIQUIDE - UPON COMPLETION OF ARRANGEMENT, ANTICIPATED THAT CUMMINS WILL HAVE BENEFICIAL OWNERSHIP OF ABOUT 80.4% OF SHARES OF HYDROGENICS