Chart Industries Inc.
Chart Industries Announces Amended Merger Agreement with Baker Hughes
Summary
Chart Industries, Inc. (Chart) has entered into a definitive merger agreement with Baker Hughes Company, a global energy technology company, where Baker Hughes will acquire Chart for $210 per share in cash. The merger follows multiple amended disclosures and negotiations, as well as multiple lawsuits filed by Chart stockholders. The definitive proxy statement, filed on September 8, 2025, provides updated and detailed information about the merger terms, including a $500 million regulatory-related reverse termination fee and the decision-making process undertaken by Chart's board of directors.
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About Chart Industries Inc.
Chart Industries Inc. is a prominent manufacturing and engineering company with a focus on providing high-end equipment and solutions for the energy and industrial gas sectors. Specializing in cryogenic storage, distribution, and processing systems, Chart Industries plays a critical role in facilitating efficient and sustainable energy and gas operations worldwide. Its product portfolio includes equipment designed for liquefied natural gas (LNG) applications, industrial gases, and other specialty markets that require temperature-sensitive processing solutions. The company's operations significantly impact various industries, including clean energy, healthcare, and manufacturing, by enabling the safe and effective handling of cryogenic materials. Headquartered in Ball Ground, Georgia, Chart Industries is acknowledged for its commitment to innovation and quality, positioning itself as a key player in supporting the transition to cleaner energy sources and enhancing operational reliability and safety in critical industrial applications.
Official SEC Documents
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