The deal has strategic benefits as it combines Chart's expertise in compression, thermal, and cryogenic with Flowserve´s strength in flow management. The business will furthermore benefit from ...

Some 62% of market researchers say their team is now using generative AI tools, up 23 percentage points from 2024, according to recent research from Market Research Institute International (MRII). The ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Jill Evanko (Chart) will become Board Chair, while Scott Rowe (Flowserve) steps in as CEO. And the numbers? On a trailing 12-month basis, the combined entity pulled in $1.8 billion in cash flow.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Business professionals say the top generative AI-related risks that they're trying to mitigate at their firms are related to inaccuracy and cybersecurity, according to recent research from McKinsey & ...

This new phase of the relationship would bring generative AI to the forefront of automotive innovation, setting a new benchmark for next-generation in-vehicle technology that includes immersive ...

Chart Industries (NYSE ... carbon capture, water and general flow control systems. The companies expect the $300 million in synergies to be realized within three years, driven by operational ...

Under the terms of the merger, Chart Industries shareholders will receive 3.165 shares of Flowserve common stock for every share of Chart common stock they own, the report added.

Chart Industries and Flowserve Corporation will merge in an all-stock transaction valued at approximately $19 billion. The combined company, with ~$8.8 billion LTM net revenue, expects $300 ...

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 ...