Chart shareholders approve $13.6bn acquisition by Baker Hughes

Chart Industries has announced shareholder approval for the acquisition of the company by Baker Hughes in a transaction worth up to $13.6bn. The decision was made during a special meeting where the majority of shareholders voted in favour of the definitive agreement, signed in July this year. Under the terms of the deal, Baker Hughes will purchase all outstanding shares of Chart’s common stock for $210 per share in cash. Both companies' boards of directors unanimously approved the transaction, which is ...