secwatch.observer — SEC 8-K summary
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Issuer:     Baker Hughes Co (BKR)
CIK:        0001701605
Form:       8-K
Filed at:   2025-07-29T23:59:59+00:00
Accession:  0001193125-25-167118
Event type: m_and_a
Sentiment:  positive
Materiality: 0.95
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Baker Hughes to acquire Chart Industries for $210/sh in $13.6B all-cash deal
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- Purchase price of $210 per share in cash; enterprise value of $13.6 billion; ~9x 2025E consensus EBITDA on fully synergized basis.
- Baker Hughes expects $325M annualized cost synergies by end of year three; transaction immediately accretive to EPS and double-digit ROIC.
- Chart generated $4.2B revenue and $1.0B adjusted EBITDA in 2024; 65 manufacturing locations, 50+ service centers globally.
- Fully committed bridge financing up to $14.9B from Goldman Sachs & Morgan Stanley; net leverage at close ~2.25x.
- Expected close mid-year 2026, subject to Chart shareholder approval and regulatory clearances; Chart Board unanimously recommends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701605/000119312525167118/0001193125-25-167118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701605/000119312525167118/d912206d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-167118

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