tradingkey.logo

Chart Industries and Flowserve to merge in an about $19 billion deal

ReutersJun 4, 2025 11:59 AM

- U.S.-based equipment manufacturer Chart Industries GTLS.N and Flowserve Corp FLS.N said on Wednesday they will merge in an all-stock deal expected to have an enterprise value of about $19 billion.

Chart shareholders will receive 3.165 shares flow control systems maker Flowserve's common stock for each share of Chart owned, the companies said.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI