Baker Hughes Closes $13.6 Billion Acquisition of Chart Industries

MT Newswires Live07-16

Baker Hughes (BKR) said Thursday it has completed its acquisition of Chart Industries (GTLS) for $210 per share in cash, representing an enterprise value of $13.6 billion.

The acquisition is expected to boost Baker Hughes' ability to deliver durable earnings and cash flow, with Chart's portfolio of capabilities in air and gas handling, thermal management, and lifecycle services, the company said.

Chart will operate as a new reporting segment within Baker Hughes, led by the company's Chief Infrastructure and Performance Officer Jim Apostolides, according to a statement.

Baker Hughes said it expects $325 million in annualized cost synergies within three years.

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/2651442061?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-16 21:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2651442061","market":"us","top_or_hot":-1,"title":"Baker Hughes Closes $13.6 Billion Acquisition of Chart Industries","media":"MT Newswires Live","content":"<html><body><p> Baker Hughes (BKR) said Thursday it has completed its acquisition of Chart Industries (GTLS) for $210 per share in cash, representing an enterprise value of $13.6 billion.</p><p>The acquisition is expected to boost Baker Hughes' ability to deliver durable earnings and cash flow, with Chart's portfolio of capabilities in air and gas handling, thermal management, and lifecycle services, the company said.</p><p>Chart will operate as a new reporting segment within Baker Hughes, led by the company's Chief <a href=\"https://laohu8.com/S/IEAWW\">Infrastructure and</a> Performance Officer Jim Apostolides, according to a statement.</p><p>Baker Hughes said it expects $325 million in annualized cost synergies within three years.</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 Closes $13.6 Billion Acquisition of Chart Industries</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 Closes $13.6 Billion Acquisition of Chart Industries\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\">2026-07-16 21:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Baker Hughes (BKR) said Thursday it has completed its acquisition of Chart Industries (GTLS) for $210 per share in cash, representing an enterprise value of $13.6 billion.</p><p>The acquisition is expected to boost Baker Hughes' ability to deliver durable earnings and cash flow, with Chart's portfolio of capabilities in air and gas handling, thermal management, and lifecycle services, the company said.</p><p>Chart will operate as a new reporting segment within Baker Hughes, led by the company's Chief <a href=\"https://laohu8.com/S/IEAWW\">Infrastructure and</a> Performance Officer Jim Apostolides, according to a statement.</p><p>Baker Hughes said it expects $325 million in annualized cost synergies within three years.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4161","symbol_name":"工业机械","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2651442061","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2651442061","pubTimestamp":1784207675,"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  said Thursday it has completed its acquisition of Chart Industries  for $210 per share in cash, representing an enterprise value of $13.6 billion.The acquisition is expected to boost Baker Hughes' ability to deliver durable earnings and cash flow, with Chart's portfolio of capabilities in air and gas handling, thermal management, and lifecycle services, the company said.Chart will operate as a new reporting segment within Baker Hughes, led by the company's Chief Infrastructure and Performance Officer Jim Apostolides, according to a statement.Baker Hughes said it expects $325 million in annualized cost synergies within three years.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4161":"工业机械","LU0256331488.USD":"SCHRODER ISF GLOBAL ENERGY \"A\" ACC","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU1917777945.USD":"安联专题基金Cl AT Acc","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","BK4585":"ETF&股票定投概念","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","IEZ":"iShares Dow Jones U.S. Oil Equip","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU2463526074.USD":"NORDEA 1 - GLOBAL CLIMATE ENGAGEMENT \"BP\" (USD) ACC","BK4566":"资本集团","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0823414478.USD":"法巴经典能源转换基金","GTLS":"查特工业","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","OIH":"石油服务ETF","LU1261432733.SGD":"Fidelity World A-ACC-SGD","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","BK4588":"碎股","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","PXJ":"Invesco Oil & Gas Services ETF","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0251142724.SGD":"Fidelity America A-SGD","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","LU2048586759.USD":"ALLIANZ SMART ENERGY \"AT\" (USD) ACC","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","BK4179":"石油天然气设备与服务","BKR":"Baker Hughes Co","LU2355687059.USD":"NORDEA 1 GLOBAL IMPACT  \"BP\" (USD) ACC","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC"},"translate_title":"贝克休斯完成 136 亿美元收购 Chart Industries","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IEZ":0.6,"GTLS":1.5,"BKR":1.5,"PXJ":0.6,"OIH":0.6},"content_text":"Baker Hughes (BKR) said Thursday it has completed its acquisition of Chart Industries (GTLS) for $210 per share in cash, representing an enterprise value of $13.6 billion.The acquisition is expected to boost Baker Hughes' ability to deliver durable earnings and cash flow, with Chart's portfolio of capabilities in air and gas handling, thermal management, and lifecycle services, the company said.Chart will operate as a new reporting segment within Baker Hughes, led by the company's Chief Infrastructure and Performance Officer Jim Apostolides, according to a statement.Baker Hughes said it expects $325 million in annualized cost synergies within three years.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"2","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":"4.46.0","shortVersion":"4.46.0","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/2651442061","isCrawlerRequest":true}