Baker Hughes Eyes $13.6 Billion Acquisition of Chart Industries ...Middle East

Baker Hughes is nearing a deal for the acquisition of Chart Industries, a gas liquefaction service and equipment provider, for $13.6 billion in cash, the Financial Times has reported, citing unnamed sources in the know. The publication noted that Chart had earlier made plans to merge with sector player Flowserve. Indeed, last month the two put out a press release saying they had reached a definitive agreement to merge as equals in a $19-billion all-stock deal. “With an installed base of more than 5.5 million assets in more than 50 countries,…

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