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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 4:46 PM

(Refiles to correct story keyword used by media customers)

(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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