secwatch.observer — SEC 8-K summary
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Issuer:     Baker Hughes Co (BKR)
CIK:        0001701605
Form:       8-K/A
Filed at:   2026-10-01T20:11:05+00:00
Accession:  0001701605-26-000029
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Baker Hughes closes $14.8B Chart Industries acquisition; pro forma FY2025 EPS $2.09 vs $2.60 actual
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- Preliminary merger consideration totals $14.806B: $10.054B cash for Chart shares at $210/share, $4.451B to repay Chart debt, $258M Flowserve termination fee, $43M for stock awards.
- Pro forma FY2025 revenue $31.647B vs $27.733B actual; net income attributable to Baker Hughes $2.075B vs $2.588B actual; diluted EPS $2.09 vs $2.60.
- Pro forma Q1 2026 revenue $7.450B, net income attributable $850M, diluted EPS $0.85 vs actual $0.93; goodwill of $8.5B and intangibles of $6.0B recorded.
- Chart's IPSMR business classified held for sale as condition of regulatory approvals; $80M purchase price adjustment related to those held-for-sale assets.
- Pro forma includes $2.0B financing adjustment for long-term debt; interest expense rose to $791M FY2025 and $209M Q1 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701605/000170160526000029/0001701605-26-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701605/000170160526000029/bkr-20260716.htm
  HTML page:      https://secwatch.observer/filing/0001701605-26-000029

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