, GTLS
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Date: | --/--/-- --:--:-- |
Event Id: | E5DGP49J7 |
Action Type: | ACQUISITION |
Action Status: | ANNOUNCED |
Acquirer Symbol: | |
Target Symbol: | GTLS |
Updated: | --/--/-- --:--:-- |
Purchase Price Per Share: | 210 |
Price Per Share Currency: | USD |
News References: | https://www.globenewswire.com/news-release/2025/07/29/3123073/0/en/Baker-Hughes-to-Acquire-Chart-Industries-Accelerating-Energy-Industrial-Technology-Strategy.html |
Action Notes
Baker Hughes and Chart Industries announced Tuesday they have entered into a definitive agreement under which Baker Hughes will acquire all outstanding shares of Chart's common stock for $210 per share in cash, equivalent to a total enterprise value of $13.6 billion. The Boards of Directors of Baker Hughes and Chart have each unanimously approved the transaction, and the Chart Board of Directors has unanimously recommended that Chart shareholders approve the transaction. The transaction is subject to customary conditions, including approval by Chart shareholders, and the receipt of applicable regulatory approvals. The transaction is expected to be completed by mid-year 2026.