Story perspectives
Baker Hughes Acquires Chart Industries for $9.6 Billion
7/30/2025
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Story summary
- Baker Hughes Co. is set to acquire Chart Industries Inc. for $9.6 billion in cash, boosting its liquefied natural gas and data center operations.
- Chart investors will receive $210 per share, reflecting a 22% premium over the last closing price.
- The acquisition cancels Chart's planned merger with Flowserve Corp.
- Chart's board determined Baker Hughes' offer was more advantageous after consulting legal and financial advisors.