Mergers & Acquisitions ·
Baker Hughes completes acquisition of Chart Industries for $210 per share, funding deal with $6.5 billion in senior notes
BKRBaker Hughes Co
Baker Hughes completed its acquisition of Chart Industries, Inc. on July 16, 2026, with Chart shareholders receiving $210.00 per share in cash. The transaction was funded through cash on hand, $6.5 billion and €3.0 billion in senior notes, and $2.0 billion in new term loan credit agreements with Bank of America and UniCredit. Baker Hughes expects to realize $325 million in annualized cost synergies within three years. Baker Hughes is an energy technology company providing solutions to energy and industrial customers worldwide.