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Chart Industries and Flowserve Corporation to merge in all-stock transaction for $19 billion, expected to close in Q4 2025. Synergies of $300 million and 2% revenue growth projected, with combined ...
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.
The all-stock merger between Chart and Flowserve triggered a sell-off, despite the deal's strategic appeal. Read more on GTLS and FLS stocks here.
(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.
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