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Chart Industries and Flowserve Corporation announced June 4 that they’ve reached a deal to combine in an all-stock “merger of equals”. Upon completion — expected in 2025’s fourth quarter and subject ...
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The all-stock merger between Chart and Flowserve was greeted with a material sell-off. On paper, the deal makes sense: synergies are valuable, the portfolio is diversified, and valuation now is ...
Chart Industries and Flowserve Strike All-Stock Merger. The combined entity will be worth roughly $19 billion, including debt. By . Lauren Thomas. Share. Resize. Listen (1 min) ...
Flowserve Corporation and Chart Industries, Inc. merge for $300M synergies, sparking investor skepticism on growth and strategy. Click for my take on FLS and GTLS.
Stocktwits - Chart Industries (NYSE: GTLS) and Flowserve (FLS) announced on Wednesday that they plan to merge in an all-stock deal, creating a $19 billion industrial equipment provider. Shares of ...
Winston & Strawn and Cravath steered a $19 billion deal to merge industrial companies Chart Industries Inc. and Flowserve Corp. The deal brings together one of the largest providers of fluid motion ...
By Anshuman Tripathy (Reuters) -U.S.-based equipment manufacturer Chart Industries (NYSE: GTLS) and flow control systems maker Flowserve Corp (NYSE: FLS) agreed to merge in an all-stock deal ...
ATLANTA & DALLAS - Chart Industries, Inc. (NYSE: GTLS) and Flowserve Corporation (NYSE: FLS) have announced their agreement to merge in an all-stock deal, which is expected to create an enterprise ...
Industrial companies Chart Industries Inc. and Flowserve Corp. agreed to merge in a deal valuing the combined company at about $19 billion.. Chart shareholders will receive 3.165 shares of ...
Chart shareholders will own 53.5% of the combined company, while Flowserve shareholders would own 46.5%. Shares of Chart, based in Ball Ground, Ga., were recently down 1.6% at $159 in premarket ...