Chart Industries backs sale to Baker Hughes for $13.6 billion

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October 6, 2025 8:45 AM EDT

The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren

(Reuters) -Chart Industries said on Monday that its shareholders voted to approve the company's acquisition by Baker Hughes.

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.

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)


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