Chart Industries’ Shareholders Approve Acquisition by Baker Hughes
Globenewswire·2025-10-06 12:30

Core Viewpoint - Chart Industries, Inc. has received shareholder approval for its acquisition by Baker Hughes, with shareholders set to receive $210.00 per share in cash upon completion of the transaction [1][2]. Group 1: Acquisition Details - The majority of Chart's outstanding shares voted in favor of the merger agreement during a special meeting [1]. - The transaction is expected to be completed by mid-year 2026, pending customary conditions and regulatory approvals [2]. Group 2: Company Overview - Chart Industries is a global leader in designing, engineering, and manufacturing process technologies and equipment for gas and liquid molecule handling [3]. - The company provides technology, equipment, and services related to liquefied natural gas, hydrogen, biogas, and CO2 capture, among other applications [3]. - Chart operates 65 global manufacturing locations and over 50 service centers across various regions, emphasizing accountability and transparency [3].