06:07 AM EDT, 07/29/2025 (MT Newswires) -- Baker Hughes ( BKR ) is closing in on a $13.6 billion all-cash deal to acquire Chart Industries ( GTLS ) , the Financial Times reported late Monday, citing sources familiar with the matter.

The agreement would value Chart Industries ( GTLS ) at $210 a share and replace an earlier merger deal between Chart Industries ( GTLS ) and Flowserve ( FLS ) that had already been terminated, the report said.

An official deal could be announced in the coming days, but it is not final and is still subject to change, the report added.

Baker Hughes ( BKR ), Chart Industries ( GTLS ), and Flowserve ( FLS ) did not immediately respond to MT Newswires' requests for comments.

Shares of Chart Industries ( GTLS ) were up more than 16% in recent premarket activity Tuesday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)