Baker Hughes Gets Conditional EU Approval for Chart Industries Acquisition

MT Newswires Live07-10 23:18

Baker Hughes (BKR) received conditional approval from the European Commission to acquire Chart Industries (GTLS), the regulator said Thursday.

The approval is subject to the companies complying with commitments designed to address the Commission's concerns that the deal could reduce competition in liquefied natural gas equipment and technology markets.

The companies agreed to divest Chart's proprietary IPSMR process technology and its small-scale LNG process technology business to a Commission-approved buyer. They also committed to maintaining interoperability between their equipment and third-party LNG equipment for 10 years, according to the Commission.

Price: 57.33, Change: +0.13, Percent Change: +0.23

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2650136013?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-10 23:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2650136013","market":"nz","top_or_hot":-1,"title":"Baker Hughes Gets Conditional EU Approval for Chart Industries Acquisition","media":"MT Newswires Live","content":"<html><body><p> Baker Hughes (BKR) received conditional approval from the European Commission to acquire Chart Industries (GTLS), the regulator said Thursday.</p><p>The approval is subject to the companies complying with commitments designed to address the Commission's concerns that the deal could reduce competition in liquefied natural gas equipment and technology markets.</p><p>The companies agreed to divest Chart's proprietary IPSMR process technology and its small-scale LNG process technology business to a Commission-approved buyer. They also committed to maintaining interoperability between their equipment and third-party LNG equipment for 10 years, according to the Commission.</p><p>Price: 57.33, Change: +0.13, Percent Change: +0.23</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baker Hughes Gets Conditional EU Approval for Chart Industries Acquisition</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaker Hughes Gets Conditional EU Approval for Chart Industries Acquisition\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-07-10 23:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Baker Hughes (BKR) received conditional approval from the European Commission to acquire Chart Industries (GTLS), the regulator said Thursday.</p><p>The approval is subject to the companies complying with commitments designed to address the Commission's concerns that the deal could reduce competition in liquefied natural gas equipment and technology markets.</p><p>The companies agreed to divest Chart's proprietary IPSMR process technology and its small-scale LNG process technology business to a Commission-approved buyer. They also committed to maintaining interoperability between their equipment and third-party LNG equipment for 10 years, according to the Commission.</p><p>Price: 57.33, Change: +0.13, Percent Change: +0.23</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1974910355.USD","symbol_name":"Allianz Thematica Cl AMg DIS USD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2650136013","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2650136013","pubTimestamp":1783696737,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Baker Hughes  received conditional approval from the European Commission to acquire Chart Industries , the regulator said Thursday.The approval is subject to the companies complying with commitments designed to address the Commission's concerns that the deal could reduce competition in liquefied natural gas equipment and technology markets.The companies agreed to divest Chart's proprietary IPSMR process technology and its small-scale LNG process technology business to a Commission-approved buyer. They also committed to maintaining interoperability between their equipment and third-party LNG equipment for 10 years, according to the Commission.Price: 57.33, Change: +0.13, Percent Change: +0.23","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4161":"工业机械","BK4585":"ETF&股票定投概念","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","BKR":"Baker Hughes Co","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","LU0251142724.SGD":"Fidelity America A-SGD","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","IEZ":"iShares Dow Jones U.S. Oil Equip","LU2048586759.USD":"ALLIANZ SMART ENERGY \"AT\" (USD) ACC","BK4566":"资本集团","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","LU2355687059.USD":"NORDEA 1 GLOBAL IMPACT  \"BP\" (USD) ACC","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU0256331488.USD":"SCHRODER ISF GLOBAL ENERGY \"A\" ACC","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","LU1917777945.USD":"安联专题基金Cl AT Acc","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","GTLS":"查特工业","BK4588":"碎股","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","PXJ":"Invesco Oil & Gas Services ETF","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","OIH":"石油服务ETF","LU2463526074.USD":"NORDEA 1 - GLOBAL CLIMATE ENGAGEMENT \"BP\" (USD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4156":"煤与消费用燃料","LU0823414478.USD":"法巴经典能源转换基金","BK4179":"石油天然气设备与服务","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU1261432733.SGD":"Fidelity World A-ACC-SGD"},"translate_title":"贝克休斯收购 Chart Industries 获得欧盟有条件批准","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IEZ":0.6,"PXJ":0.6,"OIH":0.6,"GTLS":1.5,"BKR":1.5},"content_text":"Baker Hughes (BKR) received conditional approval from the European Commission to acquire Chart Industries (GTLS), the regulator said Thursday.The approval is subject to the companies complying with commitments designed to address the Commission's concerns that the deal could reduce competition in liquefied natural gas equipment and technology markets.The companies agreed to divest Chart's proprietary IPSMR process technology and its small-scale LNG process technology business to a Commission-approved buyer. They also committed to maintaining interoperability between their equipment and third-party LNG equipment for 10 years, according to the Commission.Price: 57.33, Change: +0.13, Percent Change: +0.23","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2650136013","isCrawlerRequest":true}