Baker Hughes closes $210/share acquisition of Chart Industries; targets $325M cost synergies

Baker Hughes Co

Acquisition closed at $210.00 per share in cash; Chart becomes third operating segment.
Targets $325 million in annualized cost synergies within three years after close.
Chart reported $4.3 billion revenue for FY2025; serves customers in 50+ countries.
Jim Apostolides appointed senior vice president to lead the new Chart segment.
Funded via $2.0B term loans, cash on hand, and $6.5B/€3.0B senior notes issued March 2026.

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