Chart Industries Inc. has announced the termination of its merger agreement with Flowserve Corporation. Prior to this, Chart Industries had entered into a definitive agreement with Baker Hughes Company. This decision was made after Chart's Board of Directors, with guidance from their financial and legal advisors, determined that the proposal from Baker Hughes was more favorable. Wells Fargo and Winston & Strawn LLP are advising Chart Industries on this transaction. The announcement was made by Chart Industries.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chart Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9502106-en) on July 29, 2025, and is solely responsible for the information contained therein.