Baker Hughes nears $13.6 billion deal to buy Chart, edging out Flowserve: Report

Baker Hughes is reportedly close to acquiring Chart Industries for $13.6 billion in cash, surpassing Flowserve's previous merger agreement. This deal, valuing Chart at $210 per share, marks a 22% premium. The acquisition aims to bolster Baker Hughes' position in the natural gas and LNG sectors, leveraging Chart's industrial equipment expertise.