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Baker Hughes nears $13.6bn deal to buy Chart Industries over the head of rival suitor
Oil and gas equipment supplier Baker Hughes is nearing a $13.6bn all-cash deal to buy Chart Industries, gatecrashing an earlier agreement to merge with rival Flowserve, according to people familiar with the matter.
Chart Industries terminates Flowserve merger, confirms $13.6bn Baker Hughes buyout
US cryogenic equipment manufacturer Chart Industries has terminated its $19bn all-stock merger of equals with industrial machinery supplier Flowserve, having signed a new $13.6bn cash deal with global energy company Baker Hughes.
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