secwatch.observer — SEC 8-K summary
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Issuer:     CHART INDUSTRIES INC (GTLS)
CIK:        0000892553
Form:       8-K
Filed at:   2025-07-29T23:59:59+00:00
Accession:  0001193125-25-167126
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.01, 1.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Baker Hughes to acquire Chart Industries for $210/share cash, $13.6B EV
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- All-cash deal: $210 per share; total enterprise value $13.6B; $4.2B revenue & $1.0B adj. EBITDA in 2024.
- Baker Hughes pays $258M of $266M Flowserve termination fee on Chart's behalf; Chart pays remaining $8M.
- Expected cost synergies: $325M annualized by end of third year; deal accretive to growth, margins, EPS, cash flow.
- Chart Board determined Baker Hughes proposal a 'Superior Proposal' under prior Flowserve merger agreement.
- Transaction subject to Chart stockholder approval, HSR and foreign regulatory clearances, and other customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/892553/000119312525167126/0001193125-25-167126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/892553/000119312525167126/d89051d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-167126

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