Chart Industries Backs Sale to Baker Hughes for $13.6 Billion

baker hughes sign 1200x810

Oct 6 (Reuters) – Chart Industries (GTLS.N) said on Monday that its shareholders voted to approve the company’s acquisition by Baker Hughes (BKR.O).

In July, Baker Hughes said it would buy Chart Industries in a $13.6 billion all-cash deal, including debt, topping a previously agreed merger offer that Chart struck with rival Flowserve (FLS.N).

Chart said shareholders will receive $210.00 in cash per share of common stock upon completion of the transaction by mid-year 2026.

Reporting by Katha Kalia in Bengaluru; Editing by Tasim Zahid

Share This:


More News Articles

 

  • Related Posts

    Goldman Sachs Raises Q2 Brent Oil Price Forecast by $10 to $76 a Barrel

    March 4 (Reuters) – Goldman Sachs  raised on Wednesday its second-quarter 2026 average price forecast for Brent crude ​oil by $10 to $76 per barrel and for WTI by $9…

    There is Little US LNG Producers Can do to Immediately Replace Lost Qatari Cargoes

    Summary US LNG plants running near full capacity, limiting the potential for output increase amid Qatar disruptions Venture Global has the most flexibility, with higher percentage of spot market sales…

    Have You Seen?

    Helium players introduce surcharges as Qatar shuts gas liquefaction

    • March 4, 2026
    Helium players introduce surcharges as Qatar shuts gas liquefaction

    Trump to Meet Tech Giants on Energy Pledge Ahead of Midterms

    • March 4, 2026
    Trump to Meet Tech Giants on Energy Pledge Ahead of Midterms

    There is Little US LNG Producers Can do to Immediately Replace Lost Qatari Cargoes

    • March 4, 2026
    There is Little US LNG Producers Can do to Immediately Replace Lost Qatari Cargoes

    Goldman Sachs Raises Q2 Brent Oil Price Forecast by $10 to $76 a Barrel

    • March 4, 2026
    Goldman Sachs Raises Q2 Brent Oil Price Forecast by $10 to $76 a Barrel

    Hormuz Shutdown Worsens After US Hits Iranian Warship; Tankers Stranded for Fifth Day

    • March 4, 2026
    Hormuz Shutdown Worsens After US Hits Iranian Warship; Tankers Stranded for Fifth Day

    Asian LNG Prices Soar to Three-Year High

    • March 4, 2026
    Asian LNG Prices Soar to Three-Year High

    Goldman Sachs Hikes Q2 Brent Oil Price Forecast by $10

    • March 4, 2026
    Goldman Sachs Hikes Q2 Brent Oil Price Forecast by $10

    Barclays Warns Grid Constraints Could Strand Renewables Assets

    • March 4, 2026
    Barclays Warns Grid Constraints Could Strand Renewables Assets

    Alfa Laval to supply cryogenic tech for South Korea’s first liquid air energy storage plant

    • March 4, 2026
    Alfa Laval to supply cryogenic tech for South Korea’s first liquid air energy storage plant

    Japan studies bio-based CO2 liquefaction from waste incineration

    • March 4, 2026
    Japan studies bio-based CO2 liquefaction from waste incineration