Oil and gas equipment supplier Baker Hughes (BKR.O), opens new tab said on Tuesday it would acquire Chart Industries (GTLS.N), opens new tab in a $13.6 billion all-cash deal, including debt, edging out rival suitor Flowserve (FLS.N), opens new tab. 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. Get a quick look at the days breaking legal news and analysis from The Afternoon Docket newsletter. Sign up here.
ScanWave is excited to announce the launch of ComplyWave AI Pilot — a pioneering leap in compliance and cybersecurity AI automation. Designed to meet the demands of an evolving regulatory landscape, ComplyWave AI Pilot leverages artificial intelligence to streamline governance, risk, and... Baker has offered Chart Industries' 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.
