Flowserve's merger with Chart Industries was called off, resulting in a $266M termination fee and a refocus on its standalone business. Q2 results were uninspiring in terms of bookings and sales, but ...
Andrew Kessel was a breaking news writer for Investopedia until October 2025. He previously covered markets for Proactive Investors, with a focus on small-cap stocks in fintech, healthcare, mining, ...
DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS) (“Flowserve”), a leading provider of flow control products and services for the global infrastructure markets, today announced it has ...
Chart Industries (NYSE:GTLS) +17.1% post-market Monday after the Financial Times reported Baker Hughes (NASDAQ:BKR) is near a $13.6B cash deal to acquire the company, valuing Chart at $210/share, a 22 ...
July 29 (Reuters) - Oil and gas equipment supplier Baker Hughes (BKR.O), opens new tab is nearing a $13.6 billion cash deal to buy Chart Industries (GTLS.N), opens new tab, edging out rival suitor ...
There comes a time before every big purchase when you might ask yourself, “Do I really need this?” If you don’t pause for a moment — and if you tend to blow your budget as a result — then you need to ...
Chart Industries and Flowserve recently agreed to merge in an all-stock deal. The two companies outlined significant revenue and cost synergies. Strangely, both bargain-priced stocks fell after the ...
Establishes Scaled, High-Performance and Global Platform Serving Full Customer Lifecycle for Flow and Thermal Management with Strong Process Design and Systems Capabilities Enhances Predictability, ...
Chart Industries, Inc. (NYSE:GTLS) and Flowserve Corporation (NYSE:FLS) shares are trading higher premarket on Wednesday. The companies reached an agreement to merge in an all-stock transaction for ...