(Reuters) -Chart Industries said on Monday that its shareholders voted to approve the company’s acquisition by Baker Hughes. In July, Baker Hughes said it would buy Chart Industries in a $13.6 billion all-cash deal, including debt, topping a previously agreed merger offer that Chart struck with rival Flowserve. Chart said shareholders will receive $210.00 in […]
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Chart Industries backs sale to Baker Hughes for $13.6 billion
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(Reuters) -Chart Industries said on Monday that its shareholders voted to approve the company’s acquisition by Baker Hughes.
In July, Baker Hughes said it would buy Chart Industries in a $13.6 billion all-cash deal, including debt, topping a previously agreed merger offer that Chart struck with rival Flowserve.
Chart said shareholders will receive $210.00 in cash per share of common stock upon completion of the transaction by mid-year 2026.
(Reporting by Katha Kalia in Bengaluru; Editing by Tasim Zahid)