Baker Hughes in EC discussions over Chart acquisition commitments; target July 2026 close

Baker Hughes Co

Baker Hughes and Chart in discussions with European Commission regarding commitments to obtain merger clearance.
Proposed commitments not expected to materially impact commercial rationale for the deal.
Baker Hughes continues to expect merger close in July 2026, subject to EC approval and closing conditions.
Merger agreement signed July 28, 2025; Chart to become indirect wholly owned subsidiary.

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