Chart Industries Inc

Baker Hughes Co. has acquired Chart Industries Inc. for $13.6 billion in an all-cash deal, marking a strategic move to expand its presence in the industrial gas equipment sector.

Baker Hughes has finalized its $13.6 billion acquisition of Chart Industries, a move that bolsters its position in the oil and gas equipment market and expands its global footprint.

Chart Industries and Flowserve announce a definitive agreement to merge in an all-stock transaction, creating a global leader in industrial process technologies with an enterprise value of approximately $19 billion.

Barclays has revised its price target for Chart Industries, Inc., signaling a positive outlook for the company’s future prospects and potential for increased investor confidence.

Chart Industries Inc, a global leader in industrial gas solutions, has demonstrated resilience and strategic foresight, positioning itself for future growth in the industrials sector.