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The all-stock merger between Chart and Flowserve triggered a sell-off, despite the deal's strategic appeal. Read more on GTLS ...
On a combined basis, Chart and Flowserve generated net revenue of approximately $8.8 billion and $1.8 billion of cash flow over the 12 months ended March 31, 2025. The transaction is expected to ...
Chart Industries and Flowserve merge to create a $19B industrial-tech giant. Discover strategic synergies, industry scale, ...
Chart had a market capitalization of $7.26 billion, as of stock’s last close, according to data compiled by LSEG, while Flowserve’s valuation stood at $6.6 billion.
Chart generates substantial free cash flow. Historical free cash flow conversion is well above 80% and Chart targets 90%-plus conversion after acquiring Howden. Higher expected content levels per ...
The combination brings together Chart’s leading expertise in process technologies across compression, thermal, cryogenic and specialty solutions and Flowserve’s leading capabilities in flow ...
(Reuters) -U.S.-based equipment manufacturer Chart Industries and flow control systems maker Flowserve Corp agreed to merge in an all-stock deal, valuing the combined company at about $19 billion.
Shares of Chart Industries and Flowserve moved lower in premarket trading Wednesday after the companies agreed to combine in an all-stock merger. Under the agreement, Chart shareholders will ...
a U.S.-based flow control equipment manufacturer, to positive from stable, following the proposed all-stock merger with Chart Industries (NYSE:GTLS) Inc. The ratings agency affirmed all its ...
An Illumina researcher operates the company’s MiSeq i100 benchtop sequencing instrument. Illumina is suing Element Biosciences, with the sequencing giant accusing its smaller rival of infringing ...
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