Baker Hughes nears $13.6 billion deal to buy Chart over the head of rival suitor, FT reports-February 2024-www.financetom.com

Baker Hughes nears $13.6 billion deal to buy Chart over the head of rival suitor, FT reports

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Baker Hughes nears $13.6 billion deal to buy Chart over the head of rival suitor, FT reports

Jul 28, 2025 4:26 PM

July 28 (Reuters) - Oil and gas equipment supplier Baker

Hughes ( BKR ) is close to a $13.6 billion cash deal to acquire

U.S.-based equipment manufacturer Chart Industries ( GTLS ) , the

Financial Times reported on Monday, citing sources familiar with

the matter.

This potential acquisition would supersede an earlier

agreement between Chart Industries ( GTLS ) and Flowserve ( FLS ), a flow

control systems maker, which announced in June an all-stock

merger valuing the combined company at about $19 billion.

Baker Hughes ( BKR ), Chart Industries ( GTLS ), and Flowserve ( FLS ) did not

immediately respond to Reuters request for comment .

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