July 29 (Reuters) - Oil and gas equipment supplier Baker

Hughes ( BKR ) said on Tuesday it would acquire Chart Industries ( GTLS )

in a $13.6 billion all-cash deal, including debt,

edging out rival suitor Flowserve ( FLS ).

The deal adds to the ongoing consolidation in the oilfield

services and industrial supply sector, as companies combine to

expand geographic reach, broaden product offerings and improve

operational efficiency.

Baker has offered Chart Industries' ( GTLS ) shareholders $210 per

share held, representing a premium of about 22% based on the

last close, implying an equity value of about $9.44 billion,

according to Reuters calculation.

The transaction is expected to close by mid-year 2026.

(Reporting by Tanay Dhumal in Bengaluru; Editing by Sriraj

Kalluvila)