Chart Industries And Flowserve Corporation To Combine In All-Stock Merger Of Equals, Creating A Differentiated Leader In Industrial Process Technologies
ReutersJun 4, 2025 11:16 AM
Flowserve Corp FLS.N:
CHART INDUSTRIES AND FLOWSERVE CORPORATION TO COMBINE IN ALL-STOCK MERGER OF EQUALS, CREATING A DIFFERENTIATED LEADER IN INDUSTRIAL PROCESS TECHNOLOGIES
CHART INDUSTRIES INC - COMBINED ENTERPRISE VALUE EXPECTED TO BE $19 BILLION
CHART INDUSTRIES INC - SHAREHOLDERS TO RECEIVE 3.165 FLOWSERVE SHARES PER CHART SHARE
CHART INDUSTRIES INC - SHAREHOLDERS TO OWN 53.5% OF COMBINED COMPANY
CHART INDUSTRIES INC - EVANKO TO BE CHAIR, ROWE TO BE CEO OF COMBINED COMPANY
CHART INDUSTRIES INC - DEAL EXPECTED TO BE ACCRETIVE TO ADJUSTED EPS IN FIRST YEAR
CHART INDUSTRIES INC - EXPECTED TO GENERATE $300 MILLION ANNUAL COST SYNERGIES WITHIN THREE YEARS
CHART INDUSTRIES INC - COMBINED COMPANY WILL ASSUME A NEW NAME AND BRAND FOLLOWING CLOSE
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